The settlement of a contract or transaction via receipt or tender of underlying asset or financial instrument.
Did you know?
Have you ever heard of Monte Dei Paschi di Siena? Founded in 1472 in Tuscany, Italy, it is considered to be the world’s first actual bank and is still in operation today.
Word of the day
"Triple Bottom" - A bullish chart formation that indicates trend reversal.
Try to stay away from bucket shops.