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Home > QFINANCE Dictionary > Definition of account day

Definition of

account day


day of settlement of executed order the day on which an executed order is settled by the delivery of securities, payment to the seller, and payment by the buyer. This is the final day of the accounting period.

Definitions of ’account day’ and meaning of ’account day’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’account day’ and other financial terms with our online QFINANCE Financial Dictionary.

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