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What is settlement? Settlement marks the official transfer of securities to the buyer's account and cash to the seller's account.

Settlement number is a 7 digits numeric field where the first 4 digits represent the year and the remaining 3 digits represent the settlement number of the exchange on which the transaction has been executed. In addition to the settlement id, exchange name and market type are also to be entered in the DIS.

Settled Amount means, on any date, an amount equal to (a) the sum of the Sold Amount in respect of all Market Sales for which the applicable payment has been made on or prior to such date pursuant to clause (c) of the definition of “Market Sale Settlement” plus (b) the aggregate amount of the Debt in respect of which ...

What is Settlement Number? Settlement Number is a unique number that identifies all the trade(s) done in an exchange on the particular day. This number is generated by the exchange.

The settlement date is the date on which a trade is final, when the buyer pays the seller and the seller delivers cleared assets to the buyer. The settlement arose to deal with the complex process of clearing a transaction but has since been reduced to as little as two business days (T+2) through the use of technology.

Full and final settlement means that you ask your creditors to let you pay a lump sum instead of the full balance you owe on the debt. In return for having a lump-sum payment, the creditor agrees to write off the rest of the debt.

Calculated as the number of days of compensation multiplied by the gross salary divided by 26 (Avg. number of working days per month). Non-availed leaves & bonuses: Non-availed leaves and any bonus or credits, which as per the Company policy, can be encashed by the employee during the settlement.