The length of time after a trade is executed that the securities are due delivered and the payment is due paid varies for different types of transactions, but the date on which this occurs is the settlement date.
Most exchange-traded corporate securities in the United States are required to be settled three days after the trade order is entered, which is called T+3. That date is the settlement date, and is the final date on which the transaction must be finalized by both parties involved.
The spot price for the transaction is from either the time of the trade or from the value date, as in Forex transactions. Many securities, such as government bonds, settle the next day (T+1).
401(k) plans typically allow loans to be taken, so that investors don’t have to pay taxes or an early-withdrawal penalty
Employers sponsoring 401(k) plans are required to give employees the information and ability to manage their own accounts
The choice between a Roth IRA and a Traditional IRA depends on available discretionary income and financial situation
SEP IRA is a benefit for employees that uses employer contributions to fund retirement investment accounts for employees
In general, Social Security Benefits will only be paid in cases where individuals paid into the system
Operating income offers a pure look at how a company effectively generates cash from internal operations
The quick ratio is a financial ratio used to measure how well equipped a company is to meet its short-term liquidity needs
debenture is a non-secured loan, meaning that it is not backed by collateral or other assets
Adjusted EBITDA is a non-GAAP method of making earnings valuations a little more standardized between companies
In 2009 the Federal Housing Finance Agency (FHFA) commissioned the HARP program to help Americans upside-down on...