settlement day
noun
: 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
called also account day, payday, settling day
Dictionary Entries Near settlement day
Cite this Entry
“Settlement day.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/settlement%20day. Accessed 22 Nov. 2024.
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