§ 151.130 When must I settle a securities transaction?

Terms Used In CFR > Title 12 > Chapter I > Part 151 > Subpart C - Settlement of Securities Transactions

  • Contract: A legal written agreement that becomes binding when signed.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.