Settlement Instruction Failure
Settlement Instruction Failure is the failure of a settlement instruction to pass validation, reach the settlement system, or execute as intended. It…
Payment Infrastructure & Operations
Payment processing, operations, routing, fees and merchant infrastructure.
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Terms (702)
Settlement Instruction ID
Settlement Instruction ID is a unique identifier assigned to a settlement instruction for tracking, deduplication, status inquiry, and reconciliation. It identifies the…
Settlement Instruction Status
Settlement Instruction Status is the current processing condition of a settlement instruction, such as received, validated, queued, settled, rejected, or failed. It…
Settlement Instruction Validation
Settlement Instruction Validation is the checks applied to a settlement instruction before execution to confirm format, authority, account, currency, amount, timing, and…
Settlement Integrity
Settlement integrity is the condition in which settlement data, calculations, instructions, postings, and outcomes remain complete, accurate, authorized, and internally consistent. It…
Settlement Latency
Settlement latency is the time between a defined starting event and the completion of settlement. The starting event may be transaction acceptance,…
Settlement Limit
A settlement limit is a rule that caps the value, volume, exposure, or position allowed in a settlement process for a participant,…
Settlement Liquidity
Settlement liquidity is the cash, settlement asset, credit, or immediately available funding needed to complete settlement obligations when due. A participant can…
Settlement Liquidity Requirement
Settlement Liquidity Requirement is the liquid resources needed to complete settlement obligations on time under normal and stressed conditions. It focuses on…
Settlement Monitoring
Settlement monitoring tracks obligations, positions, funding, instructions, statuses, balances, timing, and exceptions from settlement preparation through final reconciliation. It provides early warning…
Settlement Network
A settlement network is the connected set of institutions, rules, messaging channels, accounts, and infrastructure used to complete settlement between participants. It…
Settlement Obligation
A settlement obligation is the amount of money, securities, or other assets that a party is required to deliver or receive at…
Settlement Position
Settlement Position is the amount a participant or entity is due to receive or required to pay at a defined point in…
Settlement Prefunding
Settlement Prefunding is the placement of funds in advance so future settlement instructions can complete without relying on later funding. It places…
Settlement Processing
Settlement Processing is the operational and technical execution of settlement instructions from preparation and validation through final posting and confirmation. It covers…
Settlement Reconciliation
Settlement reconciliation compares expected settlement obligations and internal ledger entries with actual bank, provider, custodian, network, or blockchain records. It confirms completeness…
Settlement Report
A settlement report summarizes settlement obligations, transactions, fees, adjustments, positions, statuses, and completed movements for a defined period or cycle. It supports…
Settlement Risk Limit
Settlement Risk Limit is a quantitative or qualitative cap on acceptable settlement exposure to a counterparty, route, asset, time window, or settlement…
Settlement Routing
Settlement routing selects the institution, account, network, asset, and path used to settle an obligation. The choice may depend on currency, destination,…
Settlement Schedule
Settlement Schedule is the governed timetable that defines settlement cycles, cutoffs, funding times, processing windows, and expected completion dates. It defines expected…
Settlement State
Settlement State is a named lifecycle condition describing the current status of a settlement obligation, batch, or instruction. It describes lifecycle condition,…
Settlement Success Rate
Settlement success rate is the percentage of eligible settlement obligations that reach the defined successful outcome within a stated population and time…
Settlement System
Settlement System is the infrastructure, rules, participants, accounts, and processes used to discharge payment obligations through final transfer of settlement assets. It…
Settlement Threshold
Settlement Threshold is a configured amount or risk boundary that triggers a particular settlement action, control, review, or timing rule. It is…