Ƶ

Define: Settlement Payment

The meaning of “Settlement Payment” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

  • Settlement Payment means the transfer or contractual undertaking to move cash or other property to bring about a settlement. Seen in 270 SEC Filings
  • Settlement Payment means a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a payment on account, a final settlement payment, or any similar payment commonly used in the securities trade. Seen in 46 SEC Filings
  • Settlement Payment means an Up-settlement Payment or a Down-settlement Payment, as applicable. Seen in 32 SEC Filings
  • Settlement Payment means a pro-rata share of the Settlement Fund less any Fee Award, incentive for the Class Representative, and Settlement Administration Expenses. Seen in 14 SEC Filings
  • Settlement Payment means a payment made pursuant to a particular [clause]. Seen in 13 SEC Filings

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1: Settlement Payment

  • Settlement Payment means the act of transferring property or funds to resolve a dispute.

Relevant Contract Types

Relevant Circumstances

  • After a legal dispute or trial
  • In the case of debt repayment
  • To resolve property disputes in case of divorce
  • To establish terms of payment arrangement in a business agreement

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Settlement Payment" in your document? 

🚀 Try It can suggest a definition just for your specific needs (Simply , then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Settlement Payment'?

: Settlement PaymentSettlement Payment means the act of transferring property or funds to resolve a dispute