settlement payment
Defined in 2 places of the United States Code.
“settlement payment” means a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, or any other similar payment commonly used in the securities trade; and
Source
- 1994–present11 U.S.C. § 741Bankruptcy · Definitions for this subchapter · in this subchapter
“settlement payment” means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, a net settlement payment, or any other similar payment commonly used in the forward contract trade;
Source
- 1994–200511 U.S.C. § 101Bankruptcy · Definitions · in this title
The term “settlement payment” means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, a net settlement payment, or any other similar payment commonly used in the forward contract trade.
Source
- 2005–present11 U.S.C. § 101Bankruptcy · Definitions · in this title