Series 28: Settlement Date

Taken from our Series 28 - Introducing Broker-Dealer Financial and Operations Principal Qualification Examination

Definition of the term Settlement Date...

the date that buyers are expected to pay for the securities they purchased and sellers are expected to deliver the securities they sold.

Since you're reading about Series 28: Settlement Date, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 28
Please Enable Javascript
to view this content!