Gross settlement system: Difference between revisions
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Revision as of 14:19, 23 October 2012
A transfer system in which the settlement of funds or securities transfers occurs individually on an order-by-order basis according to the rules and procedures of the system, in other words without netting debits against credits.
See also
- End-of-day gross settlement system
- Net settlement
- Net settlement system
- Real-time gross settlement system
- Settlement
- Transfer system
