Skip to main content
Corporate Actions

Date of Credit

The day of the settlement is when the shares are officially transferred to the account of the successful bidder. This marks the completion of the transaction and the successful bidder becomes the rightful owner of the shares. It is an important term to understand in the world of finance, as it signifies the final step in a stock market transaction. Without the settlement, the transaction is not considered complete and the shares do not officially belong to the bidder. So, it is crucial to keep track of the settlement date for any stock market investments.

Related terms

Rights Issue

Understand the meaning and definition of Rights Issue in the context of stock market, trading, and investments.

MORE
Proportionate Basis

Understand the meaning and definition of Proportionate Basis in the context of stock market, trading, and investments.

MORE
Price priority

Understand the meaning and definition of Price priority in the context of stock market, trading, and investments.

MORE
Fully Paid Rights Issue

Understand the meaning and definition of Fully Paid Rights Issue in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91