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 Glossary   >   S   >   "Settlement date" Definition   

        Settlement date

The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently 3 business days after the trade. For mutual funds, settlement usually occurs in the U.S.the day following the trade. In some regional markets, foreign shares may require months to settle.

Settlement date


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Settlement date - The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently 3 business days after the trade. For mutual funds, settlement usually occurs in the U.S.the day following the trade. In some regional markets, foreign shares may require months to settle.


Settlement date : the date on which payment is made to settle a trade. for stocks traded on us exchanges, settlement is currently 3 business days after the trade. for mutual funds, settlement usually occurs in the u.s.the day following the trade. in some regional markets, foreign shares may require months to settle.