Settlement Day

Business, Legal & 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.


Full Definition of Settlement Day


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


Synonyms For Settlement Day


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

Cite Term


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Page URL
https://payrollheaven.com/define/settlement-day/
Modern Language Association (MLA):
Settlement Day. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 08, 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: July 08, 2020).
American Psychological Association (APA):
Settlement Day. PayrollHeaven.com. Retrieved July 08, 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)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th January, 2020 | 4 Views.