Regular Way Settlement: In the money and bond markets, the standard basis on which some security trades are settled is that the delivery of the securities purchased is made against payment in Fed funds on the day following the transaction.

 

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Regular Way Settlement: In the money and bond markets, the standard basis on which some security trades are settled is that the delivery of the securities purchased is made against payment in Fed funds on the day f . . . View Full Definition

Right Down Broadway: A pitch that is delivered in the middle of the strike zone.

Right-Of-Way: The right given by one landowner to another to pass over the land, construct a roadway or use as a pathway, without actually transferring ownership.

Regular Settlement: Transaction in which a stock contract is settled and delivered on the fifth full business day following the date of the transaction (trade date). In Japan, regular settlement occurs three bu . . . View Full Definition

Regular Roast: Coffee roasted to traditional American taste: medium brown.

Regular Season: In college football, it is the portion of the season that is scheduled ahead-of-time by the schools. It excludes any bowl game, conference championship, or playoff games. In NFL football, th . . . View Full Definition

Rollaway: A cot or other bedding that can be added to a hotel room to accommodate another guest. There is often an extra charge for this.

Runway: 1) The movement of the bowler from address to delivery. 2) The part of the lane behind the foul line where the player takes their steps before releasing the ball behind the foul line, which . . . View Full Definition

Settlement: The time when loan and mortgage documents are formally signed and the loan transaction is completed. Sometimes called 'Closing.'

Settlement Agent: The person who organizes and is in charge of the loan closing. The settlement agent is the person who can explain any document the borrower must sign.