settlement of an invoice
1Invoice — For the Japanese company, see Invoice (company). An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An… …
2settlement price — Established by the clearinghouse from the closing range of prices (the last 30 seconds of the day). The settlement price is used to determine the next day s allowable trading range, and to settle all accounts between clearing members for each… …
3settlement — / set(ə)lmənt/ noun 1. the payment of an account ♦ we offer an extra 5% discount for rapid settlement we take a further 5% off the price if the customer pays quickly ♦ settlement in cash or cash settlement payment of an invoice in cash, not by… …
4settlement — / setlmənt/ noun payment of an account ♦ we offer an extra 5% discount for rapid settlement we take a further 5% off the price if the customer pays quickly ♦ settlement in cash or cash settlement payment of an invoice in cash, not by cheque ▪▪▪… …
5invoice amount — The amount paid by the buyer to the seller when a future is delivered, the invoice amount is calculated by taking the reference price set by the exchange, known as the exchange delivery settlement price ( EDSP), and multiplying it by the number… …
6Settlement price — A figure determined by the closing range which is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: closing range. The… …
7settlement or settle price — The settlement price determined at the end of the regular trading hours; used to calculate gains and losses in futures market accounts, performance bond calls and invoice prices for deliveries. The official daily closing prices of a futures… …
8settlement — 1) The payment of an outstanding account, invoice, charge, etc. 2) A disposition of land, or other property, made by deed or will under which a trust is set up by the settlor. The settlement names the beneficiaries and the terms under which they… …
9SAP MM — is the materials management module of the SAP ERP software package from SAP AG. Materials management is integrated with other modules such as SD, PP and QM. Materials management is used for procurement and inventory management. The module has two …
10Scan-based trading — (SBT) or Scan based trading is the process where suppliers maintain ownership of inventory within retailers warehouses or stores until items are scanned at the point of sale. HistoryTraditionally Scan Based Trading programs use Electronic Data… …
