settle the transaction

USAGE SUMMARY

The phrase "settle the transaction" is correct and usable in written English.
You can use it when referring to the completion or finalization of a financial deal or agreement. Example: "Once both parties have agreed on the terms, we can proceed to settle the transaction."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

At its heart was an international clearing bank (ICB) that would settle the balance of transactions that gave rise to trade surpluses or deficits.

The Economist

It is not the job of a Government minister to negotiate or settle the details of individual transactions the banks enter into, including termination agreements for departing executives.

Independent

The Fed used taxpayer dollars to settle these transactions for 100 cents on the dollar, an appalling example of crony capitalism.

Huffington Post

Instead of routing every transaction through the blockchain, transactions between two addresses could happen on a sidechain and you could settle those transactions every now and then with the main blockchain to ease the load.

TechCrunch

It has a finger in every pie: acting as a marketplace for small businesses, a shop front for imported goods, and a convenient online wallet to settle these transactions.

BBC

"Porsche SE intends depending on the state of the market to settle hedging transactions in the amount of up to 5.0% of the Volkswagen ordinary shares," the company said in a press release on Wednesday.

Forbes

A recent report by the Kauffman Foundation, which promotes entrepreneurship, concluded: "Every fail introduces a cumulative and potentially compounding liquidity risk into the orderly process of settling the $7.5 trillion of security transactions completed each day".

The Economist

An electronic signature system, unknown in Ethiopia's backward banking scene, will settle transactions by the end of the day.

The Economist

This hoard is a relic of the Bretton Woods era, when the dollar was tied to gold and the metal was used to settle transactions between the Fund and its members.

The Economist

The aim of any operator must be to fix, as near as possible, the rate of exchange at which he will have to settle a transaction at a future date.

Finance of International Trade

By 2004, the Securities and Exchange Commission is pressing the industry to settle transactions within 24 hours instead of the three days now allowed.

The New York Times

Expert writing Tips

Best practice

In legal or formal contexts, ensure all conditions of the agreement are met before stating that you will "settle the transaction".

Common error

Avoid using "settle the transaction" when you mean to 'negotiate' or 'discuss the terms' of a deal. "Settle" implies finality, not discussion.

Linguistic Context

The phrase "settle the transaction" primarily functions as a verb phrase within a sentence, describing the action of completing or finalizing a deal, payment, or agreement. Ludwig AI confirms the phrase's correct usage in various contexts.

Expression frequency: Uncommon

Frequent in

News & Media

52%

Formal & Business

27%

Wiki

9%

Less common in

Encyclopedias

3%

Science

3%

Reference

3%

Ludwig's WRAP-UP

In summary, "settle the transaction" is a grammatically sound phrase used to indicate the completion or finalization of a financial or contractual agreement. While Ludwig AI confirms the phrase is correct, it is relatively uncommon. It appears most frequently in news and business contexts, carrying a neutral to professional tone. When using the phrase, ensure that all conditions for the agreement are met and that you are not referring to negotiation stages. Alternatives such as "finalize the transaction" or "complete the transaction" can be used for variety while maintaining clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

conclude the transaction

Focuses on bringing the transaction to an end; emphasizes the final step.

finalize the transaction

Emphasizes the official and complete nature of the transaction's end.

complete the transaction

Highlights the action of finishing all required steps for the transaction.

discharge the transaction

More formal; suggests fulfilling all obligations associated with the transaction.

close the transaction

Implies bringing the transaction to a definitive and irreversible end.

execute the transaction

Focuses on the performance and completion of the transaction as planned.

clear the transaction

Suggests resolving any outstanding issues to finalize the transaction.

wrap up the transaction

Informal way to express finishing the transaction.

settle the account

More specific to financial transactions, focusing on balancing the books.

liquidate the transaction

Focuses on converting assets into cash to finalize the transaction.

FAQs

How can I use "settle the transaction" in a sentence?

You can use "settle the transaction" to indicate the finalization of a deal or payment. For instance, "Once all invoices are approved, we can "settle the transaction"."

What does "settle the transaction" mean in a financial context?

In finance, "settle the transaction" refers to completing all actions needed to transfer funds or assets, officially closing the deal.

Which is a better alternative to "settle the transaction": "complete the transaction" or "start the transaction"?

"Complete the transaction" is a more appropriate alternative as it shares the meaning of finalizing or ending a transaction, unlike "start the transaction" which implies the beginning.

What's the difference between "finalize the transaction" and "settle the transaction"?

While both are similar, "finalize the transaction" often emphasizes making something official and complete, whereas "settle the transaction" focuses more on the actual completion of the transfer of funds or assets.