settlement day payment
21cash settlement — Instead of having the actuals delivered, cash is transferred upon settlement. The CENTER ONLINE Futures Glossary The agreement of a buyer and seller to exchange the security and the payment on the same day as the trade. For money market… …
22Real Time Gross Settlement — systems (RTGS) are a funds transfer mechanism where transfer of money takes place from one bank to another on a real time and on gross basis. Settlement in real time means payment transaction is not subjected to any waiting period. The… …
23Continuous linked settlement — is a process by which a number of the world s largest banks manage settlement of foreign exchange amongst themselves (and their customers and other third parties). The process is managed by CLS Group Holdings AG and its subsidiary companies and… …
24Tobacco Master Settlement Agreement — The Tobacco Master Settlement Agreement (MSA) was entered in November 1998, originally between the four largest US tobacco companies and the attorneys general of 46 states. The states settled their Medicaid lawsuits against the tobacco industry… …
25Structured settlement factoring transaction — A structured settlement factoring transaction describes the selling of future structured settlement payments (or, more accurately, rights to receive the future structured settlement payments). People who receive structured settlement payments… …
26Indian settlement systems — India has two main electronic funds settlement systems for one to one transactions: the real time gross settlement (RTGS) and the national electronic fund transfer (NEFT) systems. Transactions which are bulk and repetitive in nature are routed… …
27international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …
28Martyn Day — Born February 18[year missing] Harrogate, England, U.K. Martyn Day is the Senior Partner at Leigh Day Co specialising in international, environment and product liability claims, often as group actions. He was a director of Greenpeace… …
29Indian Settlement Systems — India has two funds settlement systems: the Real Time Gross Settlement systen (RTGS) and the National Electronic Fund Transfer system (NEFT).Real Time Gross SettlementThe Reserve Bank of India (India s Central Bank) maintains this payment network …
30SADAD Payment System — (SADAD) was established by the Saudi Arabian Monetary Agency (SAMA) to be the national Electronic Bill Presentment and Payment (EBPP) service provider for the Kingdom of Saudi Arabia (KSA). The core mandate for SADAD is to facilitate and… …
