Settling Day
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
The day on which transactions for the “account” are made up on the Stock Exchange. Whart. Diet The settling days for English and foreign stocks and shares occur twice a month, the middle and the end. Those for consols are once in every month, generally near the commencement of the month; Moz. & W. A conspiracy to obtain a settling day by fraudulent means in order to defraud buyers of shares, or a conspiracy by fraudulent means to raise or lower the price of shares with intent to defraud buyers or sellers, is an indictable offence; 1