释义 |
window settlement Window SettlementA way to settle a transaction where two dealers physically meet and exchange the underlying asset for the payment. Window settlement occurs when one or both dealers do not belong to a clearing house. Window settlement has become less common with increased computerization of the securities trade.window settlement The physical settlement of transactions between dealers. Window settlement is used when one or both participants are not members of a clearing firm such as the National Clearing Corporation. Settlement entails an actual physical comparison. |