Settlement vs Transaction - What's the difference?
settlement | transaction | Related terms |
The state of being settled.
A colony that is newly established; a place or region newly settled.
A community of people living together, such as a hamlet, village, town, or city.
(architecture) The gradual sinking of a building. Fractures or dislocations caused by settlement.
(finance) The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into.
(legal) A disposition of property, or the act of granting it.
(legal) A settled place of abode; residence; a right growing out of legal residence.
(legal) A resolution of a dispute.
The act of conducting or carrying out (business, negotiations, plans).
A deal or business agreement.
An exchange or trade, as of ideas, money, goods, etc.
(finance) The transfer of funds into, out of, or from an account.
(computing) An atomic operation; a message, data modification, or other procedure that is guaranteed to perform completely or not at all (e.g. a database transaction).
(especially in plural) A record of the proceedings of a learned society