Sentence examples for settlement transactions from inspiring English sources

In addition, both sides participating in settlement transactions are winners: the policy seller is paid upfront, and the buyer is paid even more later.

"During the initial review period we had deviations... in which [Kaloti] did not identify risks in cash settlement transactions which was the typical modus operandi in the Dubai wholesale market".

And what's your take on where this is headed? A. Life settlement transactions involve selling existing life policies to unrelated parties for more than their cash value or, if they have no cash value, for some value — usually policies with face amounts over $250,000 owned by people who are at least 65 years old or have life expectancies that range from 2 to 12 or 15 years.

According to the firm, the total face value of life settlement transactions in 2006 was $5 billion; over the previous eight years, the combined total was about $13 billion.

CLS, the entity that handles $18 trillion (yes, trillion!) in settlement transactions for the foreign exchange market, will launch a blockchain-based platform in 2017 to document trades for some of the world's biggest banks like JP Morgan Chase, Goldman Sachs, and Citibank.

Life Settlement Option If you find that you don't need your life insurance policy any longer, you may want to consider selling it in a "life settlement" transaction to a third party company for more than the cash surrender value would be, but less than its net death benefit.

It allows participants to secure the settlement of transactions, achieve the transaction, and transfer of assets at a low-cost (Tschorsch and Scheuermann 2016).

In this case fraud resulted from a lack of sufficient internal controls at Barings over a five-year period, during which time Nicholas Leeson, a back-office clerk responsible for the accounting and settlement of transactions, was promoted to chief trader at Barings's Singapore office.

The company operates through Credit Cards, which allows its customers to capture, transmission, processing, and settlement of transactions using credit cards.

The main objective is to centralize securities in either immobilized or dematerialized form that permit the book entry transfer function to operate for the settlement of transactions.

It is also a notable example of a private blockchain (IBM) working with a public blockchain (Stellar) since Stellar handles the actual settlement of transactions, as CoinDesk noted.