settle

settle definition - business

settle

  1. In law, to resolve a dispute between a plaintiff and a defendant.
  2. To pay an obligation.
  3. To finalize a securities transaction by transferring cash to the seller and the security to the buyer.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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