Rebate and Settlement date: Difference between pages

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imported>Doug Williamson
(Create the page. Source: https://www.lexico.com/en/definition/rebate)
 
imported>Doug Williamson
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1.  
The settlement date is the date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.


A partial refund to someone who has paid too much money for tax, rent, or a utility.


== See also ==
* [[Central securities depository]]
* [[Trade date]]


2.
[[Category:Financial_products_and_markets]]
 
A deduction or discount on a sum of money due.
 
 
3. ''Verb.''
 
Pay back (such a sum of money).
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 08:55, 7 February 2019

The settlement date is the date on which a security transaction is settled, for example, payment is made and securities are physically received and delivered or beneficial ownership records are changed in central securities depositories.


See also