Settlement

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Revision as of 07:13, 11 August 2016 by imported>Doug Williamson (Add link.)
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1.

An act that discharges obligation in respect of funds or securities transfers between two or more parties.


2.

Pensions.

An irrevocable action that relieves the employer of the primary responsibility for a pension obligation, thus eliminating associated risks.


3.

The disposal of assets via a trust arrangement.


See also