2006-07-25 15:46:47 · 4 answers · asked by thecueballkid 1 in Business & Finance ➔ Investing
The day both parties agree to disagree and give each other concessions for ending the lawsuit.
2006-07-25 15:50:43 · answer #1 · answered by Sirena 5 · 0⤊ 0⤋
Settlement date is the day when you become the legal owner of a security if you're buying, or when the funds from a sale are officially released and deposited into your account.
Generally, 3 days after the trade (transaction) date.
2006-07-25 16:25:19 · answer #2 · answered by msoexpert 6 · 0⤊ 0⤋
Settlement date is 3 days after trade date.
This is usually the date you have to deliver your stock certificates to your broker, if you are holding them. Or if the stocks are being held in street name, the date on which the seller has to deliver the certificates to the buyer.
If you are buying stock this is the date which you have to effect payment for your trade.
2006-07-25 15:48:45 · answer #3 · answered by rb_cubed 6 · 0⤊ 0⤋
in India it isT+2 where T is day of trading and T+2 is settelement date
2006-07-25 16:06:38 · answer #4 · answered by pradeep 4 · 0⤊ 0⤋