Settle

Settle
The term 'settle' generally refers to paying an obligation. In legal contexts, it pertains to resolving a dispute short of adjudication or arranging for the disposition of property. In the realm of securities, it means completing a trade between brokers or between a broker and a customer.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.