settlement on account

settlement on account
index composition (agreement in bankruptcy), discharge (payment)

Burton's Legal Thesaurus. . 2006

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  • account nature — ( NDC) Euroclear Clearing and Settlement glossary Account type used in ESES. The account nature is expressed by a three digit account type qualifier. Euroclear Clearing and Settlement glossary …   Financial and business terms

  • Account Settlement — The summary of business operations and performance for a fiscal period. This statement often includes financial results of the company s main operations along with key performance metrics, which help to give investors and other users an idea of… …   Investment dictionary

  • account day — noun : the final day of the account days : settlement day * * * account day noun A designated day on which accounts are settled on the London Stock Exchange • • • Main Entry: ↑account …   Useful english dictionary

  • settlement — set·tle·ment n 1: the act or process of settling 2 a: an agreement reducing or resolving differences; esp: an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree W. J. Brennan …   Law dictionary

  • account stated — account stat·ed / stā təd/ n pl accounts stated: an account presented by a creditor to his or her debtor which by implied or express acceptance has been agreed upon by both parties as correct Merriam Webster’s Dictionary of Law. Merriam Webster.… …   Law dictionary

  • settlement payment — Under Title 11 U.S.C. Section 101: (51A) The term settlement payment means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement …   Glossary of Bankruptcy

  • account rendered — account ren·dered / ren dərd/ n pl accounts rendered: an account presented by a creditor to a debtor for examination and settlement Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account rendered …   Law dictionary

  • settlement — 1640s, act of fixing or steadying; from SETTLE (Cf. settle) (v.) + MENT (Cf. ment). Meaning colony is attested from 1690s; that of payment of an account is from 1729 …   Etymology dictionary

  • settlement — Act or process of adjusting or determining; an adjusting; an adjustment between persons concerning their dealings or difficulties; an agreement by which parties having disputed matters between them reach or ascertain what is coming from one to… …   Black's law dictionary

  • account — 1) A statement of indebtedness from one person to another. A provider of goods or services may render an account to a client or customer (see sales invoice). 2) A named segment of a ledger recording transactions relevant to the person or the… …   Big dictionary of business and management

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