settlement date

USAGE SUMMARY

The phrase "settlement date" is correct and usable in written English.
It is typically used in financial contexts to refer to the date on which a transaction is finalized and the transfer of funds or securities occurs. Example: "The settlement date for the stock purchase is scheduled for next Friday."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

45 human-written examples

This will include a settlement date.

The Times

Back in 2010, the average settlement date for an invoice was 55 days.

Independent

In the territories of Austria, the first traces of human settlement date from the Lower Paleolithic Period (Old Stone Age).

Encyclopedia Britannica

The more realistic the settlement date, the lower the likelihood you'll be charged extra to get the work done.

The Washington Post

Some control procedures appear to have been predictable, being timed to take place shortly before the settlement date of futures contracts.

The Economist

Lenders were also required to issue fresh disclosure documents if loan terms worsen before the settlement date, restarting the review process.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

15 human-written examples

White settlement dates from 1805.

Encyclopedia Britannica

The first known record of the settlement dates to 1085.

Encyclopedia Britannica

British settlement, dating from 1788, was altogether different.

Encyclopedia Britannica

In Scotland evidence of a settlement dating to the late prehistoric period (c.

Encyclopedia Britannica

Arab settlement dates from the arrival of the Judam peoples in the 16th century.

Encyclopedia Britannica

Expert writing Tips

Best practice

When discussing financial agreements or real estate transactions, clearly state the "settlement date" to avoid ambiguity and ensure all parties are aware of the finalization timeline.

Common error

Avoid using "settlement date" interchangeably with terms like "due date" or "closing date" unless they specifically refer to the final transfer of funds or assets. Use the term that most accurately reflects the specific deadline you're referencing.

Linguistic Context

The phrase "settlement date" functions primarily as a noun phrase that identifies a specific point in time when a transaction or agreement is finalized. As Ludwig AI confirms, it's often related to financial and legal contexts.

Expression frequency: Very common

Frequent in

News & Media

48%

Formal & Business

23%

Science

12%

Less common in

Encyclopedias

9%

Wiki

5%

Academia

3%

Ludwig's WRAP-UP

The phrase "settlement date" is a common and grammatically sound term, typically used to specify the date on which a transaction is finalized, according to Ludwig AI. Predominantly found in News & Media and Formal & Business contexts, it serves to provide a concrete deadline for various agreements. While alternatives like "closing date" or "completion date" exist, "settlement date" is precise when referring to the transfer of funds or assets. To ensure clarity, specify the "settlement date" clearly in any relevant agreement. The authoritative sources cited by Ludwig, such as The New York Times and Forbes, affirm its proper and frequent usage.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

closing date

Refers to the date on which a transaction, especially in real estate, is finalized.

completion date

Emphasizes the date when something is finished or brought to a conclusion.

transaction date

Highlights the date when a business transaction officially occurs.

effective date

Indicates the date from which an agreement, policy, or contract becomes valid or operational.

due date

Signifies the date by which something must be submitted or paid.

maturity date

Used particularly in finance to refer to the date when a financial instrument becomes due for payment.

final date

A general term for the last possible date to do something.

expiration date

Marks the date beyond which something is no longer valid or usable.

agreed-upon date

Stresses the mutual agreement on a particular date for settlement or finalization.

appointed date

Highlights that a date has been officially designated or scheduled.

FAQs

What does "settlement date" mean in real estate?

In real estate, "settlement date" refers to the date on which the ownership of a property is formally transferred from the seller to the buyer, and the funds are disbursed.

How is the "settlement date" determined?

The "settlement date" is typically agreed upon by the buyer and seller during negotiations and is specified in the purchase agreement.

What happens if the sellers refuse to move out on the agreed "settlement date"?

If the sellers refuse to move out on the agreed "settlement date", legal action may be necessary to enforce the contract. Consulting with a real estate attorney is recommended.

What's the difference between a "closing date" and a "settlement date"?

While often used interchangeably, the "settlement date" specifically refers to the day funds and ownership are transferred, whereas "closing date" can encompass the broader process leading up to that day.