settlement risk value definition
settlement risk value means a value equivalent to a loss likely to be incurred when a partner fails to settle or transfer assets on schedule as committed.
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Settlement Value means the amount which the holder of a Contract may receive for a Contract held until Expiration. The Settlement Value of a Binary Contract is $100. The Settlement Value of a Variable Payout Contract is determined as described in the definitions of Long and Short Variable Payout Contracts.
Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.
Settlement Amount has the meaning specified in Section 14.02(a)(iv).
Settlement Price means the official closing level of the relevant Underlying Reference;
Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.