balance settlement definition

balance settlement means determination of the balance in a manner which permits, during every trading period, to draw up a balance for a market participant, to ascertain the amount of open supply and, in the case of deviations from the balance, to draw up a corresponding report;
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balance settlement means determination of the balance by a method which permits, during every trading period, to draw up a balance for a market participant, to ascertain the amount of open supply and, where deviations from the balance are detected, to draw up a corresponding report;
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balance settlement means payment made in accordance with the agreement concluded in advance for the purpose of adjusting the status as a creditor or debtor by means of the adjustment of deposit accounts on the basis of the data acquired from the clearing in order that the debt in question shall be extinguished in whole or in part;
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Related to balance settlement

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries or sickness established by settlement or judgment in resolution of a tort claim.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.