Business / Agriculture / Cash Settlement: A method of settling certain futures contracts or option contracts whereby the seller (or short position) pays the buyer (or long position) the cash value of the commodity traded according to a procedure specified in the contract.
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Cash Noun Synonyms: money, currency, bills, notes, banknotes, change, hard cash or money, specie, coin of the realm, legal tender, moolah, dough, bread, loot, spondulicks or spondulix, lolly, ready, readies, scratch, gelt
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Settlement Verb Synonyms: colony, outpost, post, camp, community, encampment, village, hamlet
Settlement Noun Synonyms: payment, defrayal, discharge, liquidation, satisfaction, settling, quittance, clearing, clearance
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Business / Finance / Insurance Settlement: The law of averages. The average outcome for many independent trials of an experiment will approach the expected value of the experiment. MORE
Business / Finance / Ledger Cash: A firm's cash balance as reported in its financial statements. Also called book cash. MORE
Business / Taxes / Life Settlement: If you are over age 70 and no longer need your life insurance policy, you may be able to sell it to a third party in what’s called a life settlement. You’re paid a cash amount less than the death MORE
Business / Finance / Incremental Cash Flows: A legal process through which a company receives a charter and the state in which it is based allows it to operate as a corporation. MORE
Business / Accounting / Imprest Petty Cash Fund: A petty cash fund in which all expenditures are documented by vouchers or vendors' receipts or invoices, the total of the vouchers and cash in the fund should equal the established balance. MORE
Business / Real Estate / Hud-1 Settlement Statement: At closing, in conformance with Real Estate Settlement Procedures Act (RESPA) regulations, a HUD-1 settlement statement is prepared showing the exact closing costs to buyer and seller. MORE