Settling Day
Defined in 3 dictionaries — Cyclopedic (1922), Bouvier (1914), Black's (1910)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The day on which transactions for the "account" are made up on the English stock exchange. In consols, they are monthly; in other investments, twice in the month.
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
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
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
The day on which transactions for the "account" are made up on the English stock-excbange. In consols they are monthly; in other investments, twice in the month.
Defined under Settle in Black's Law Dictionary.