单词 | rolling settlement |
释义 | rolling settlement rolling settlement noun [U; C, usually sing.]
(Stock Exchange ) an agreement that shares that are bought on one day must be paid for by the buyer and delivered by the seller within a specific period of time after that: the introduction of a T+2 rolling settlement (= the shares must be paid for and delivered within 2 working days after the sale) ◆ Under rolling settlement, trades will have to be settled on the fifth day. |
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