CASH SETTLEMENT Definition

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CASH SETTLEMENT, in short-term securities, is payment and delivery made on the same day as the trade date.

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RISK is the measurable possibility of losing or not gaining value. Risk is different from uncertainty. Uncertainty is not measurable.

13TH PERIOD in the fiscal year is the period used for fiscal year-end adjusting entries (periods 1-12 being the months in the fiscal year).

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