What does "settlement date" mean?

The date on which a trade (bonds, equities, foreign exchange, commodities, etc.) settles.

Settlement date

Common synonyms include: agreement date, closing date, due date, execution date, payment date, signing date.

noun

noun ·Rare ·Advanced level

Noun

1
The date on which a trade (bonds, equities, foreign exchange, commodities, etc.) settles.