Define: Settlement Day

UK Accounting Glossary

Definition: Settlement Day


Quick Summary of Settlement Day


A settlement day is the day on which trades are cleared by the delivery of the securities or foreign exchange.



What is the dictionary definition of Settlement Day?

Dictionary Definition


the day of settling an account.

Specifically the last day of the settlement upon which payment must be made on any account on a stock exchange except such as are to be carried over to the next settlement.


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Full Definition of Settlement Day


Refers to the day on which trades are cleared by the delivery of the securities or foreign exchange.


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Settlement Day FAQ's



Cite Term


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https://payrollheaven.com/define/settlement-day/
Modern Language Association (MLA):
Settlement Day. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 20, 2019 https://payrollheaven.com/define/settlement-day/.
Chicago Manual of Style (CMS):
Settlement Day. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/settlement-day/ (accessed: September 20, 2019).
American Psychological Association (APA):
Settlement Day. PayrollHeaven.com. Retrieved September 20, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/settlement-day/

Definition Sources


Definitions for Settlement Day are sourced/syndicated from:


This glossary post was last updated: 4th May 2019.