Cash Settlement. A type of settlement in which, instead of the physical delivery, monetary settlement is performed in the Currency of the Cash Settlement Amount, based on the difference between the Striking Price and the exchange price prevailing at the time the transaction is closed.
Cash Settlement. The settlement type in which a financial netting is performed by taking as a basis the difference between the reference settlement price of the underlying asset on the settlement day and the striking price, instead of buying/selling the underlying asset in return for an option settlement price.
Cash Settlement means the payment of the the remaining balance after calculating the difference between the price in the Trading Order and the spot price, rather than actual physical delivery of the underlying asset under the Trading Order. Agreement: means the Agreement herein together with other appended written documents and all their forms which may be amended, modified or changed from time to time. Swap: means an exchange contract whereby the Parties exchange a currency or a stream of different interest payments that are linked to an asset or an obligation within a specified period of time.
Examples of Cash Settlement in a sentence
In case a Cash Settlement is made, the Option Seller shall debit the account of the Buyer with the Cash Settlement Amount, which shall be calculated by the Bank, in the foreign currency agreed in advance, until 09:30 a.m. on the next business day after the settlement date.