See Also: Settlement rate(money)
Settlement rate(finance)
Next day settlement(finance)
Settlement, Act of(encyclopedia)
settlement(encyclopedia)
The Settlement(tourism)
Immediate settlement(money)
Settlement(medicine)
settlement(dictionary)
Next day settlement(money)
Settlement rate (finance)
The rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation.
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