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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Synonyms For Settlement Day


date of settlement, settlement date, liquidation date, account day, close out date


Cite Term


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https://payrollheaven.com/define/settlement-day/
Modern Language Association (MLA):
Settlement Day. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 26, 2020 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: February 26, 2020).
American Psychological Association (APA):
Settlement Day. PayrollHeaven.com. Retrieved February 26, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/settlement-day/

Definition Sources


Definitions for Settlement Day are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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