Settlement

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

In collections

Nobody has pulled it yet.

What Wikipedia says

Settlement is the "final step in the transfer of ownership involving the physical exchange of securities or payment". After settlement, the obligations of all the parties have been discharged and the transaction is considered complete.

Excerpt from the Wikipedia article “Settlement (finance)”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Bmathis, CC BY-SA 3.0, via Wikimedia Commons.