BNET Business Dictionary
Business Definition for: Cash Settlement
- an immediate payment on an options contract without waiting for expiration of the normal, usually five-day, settlement period.
- the completion of a transaction by paying for securities
- Also known as Cash Sale
Additional Resources
- Changing course.(business news items include B.A.T. Industries considering a cash settlement in order to appease the various parties who have filed lawsuits, while tobacco industries in America are challenging a Food and Drug Administration ruling)(Busine
- Big tobacco is looking more favourably on the notion of a cash settlement with its legal tormentors. The chief executive of B.A.T said in a television interview that the British tobacco company might consider a settlement in return for "a peacefulBig tobacco is looking more favourably on...
- Research articles 1997-02-15
- Missouri-based company wins cash settlement with Sun Microsystems
- After four years of protracted litigation and five weeks of trial, Fenton-based Custom Hardware Engineering & Consulting, has emerged with a confidential cash settlement and the satisfaction that a small business can take on an international behemoth in court.
- Research articles 2007-01-05
- Andersen settlement receives preliminary OK.(Briefs)(Brief Article)
- NEW YORK - A $65 million cash settlement from Arthur Andersen LLP over securities fraud charges related to the WorldCom Inc. collapse received preliminary court approval April 26, confirmed Len Barrack, co-lead counsel for the plaintiffs. U.S. Distri NEW YORK - A $65 million cash settlement...
- Research articles 2005-05-02
- Staff position: cash settlements on contingent events
- FASB has issued new guidance addressing the classification of options and similar instruments issued as employee compensation that allow for cash settlement upon the occurrence of a contingent event, amending paragraphs 32 and A229 of FASB Statement No. 123, Share-Based Payment. For more on Staff Position FAS 123R-4, Classification...
- Research articles 2006-05-01
- Black Farmer Groups Protest Lack of Settlement to Bias Complaints.
- Knight Ridder/Tribune Business News Dec. 14 -- WASHINGTON -- Two black farmer groups protested outside the White House Monday, complaining that the Clinton administration has not lived up to the terms of the settlement of their discrimination complaints. The settlement, approved...
- Research articles 1999-12-16
- Inter-City Products Corporation Receives Favourable Settlement
- TORONTO, ONTARIO, CANADA--BUSINESS WIRE--Dec. 7, 1995-- Inter-City Products Corp. has received a final cash settlement resulting from a favourable judgment relating to the company's Resources Operations which were sold in 1989.As a result of this favourable settlement, the Company's total entitlement amounts to more than Cdn. $4.8...
- Research articles 1995-12-07
- Retractable Technologies, Inc. Reports Proceeds from Becton Dickinson Litigation Settlement
- LITTLE ELM, Texas -- Retractable Technologies, Inc. (AMEX:RVP) announced today that it has received approximately $65.1 million on a pre-tax basis from the $100 million cash settlement of its federal antitrust lawsuit against Becton Dickinson and Company, Inc. BD, which it reached on July 2, 2004.
- Research articles 2004-07-22
- Louisiana, Detroit and Fresno Pension Funds Obtain $300 Million Cash Settlement of Securities Class Action against Bristol-Myers Squibb, Bernstein Litowitz and Berman DeValerio Announce
- NEW YORK -- The Teachers' Retirement System of Louisiana, the Louisiana State Employees' Retirement System, the General Retirement System of the City of Detroit and the Fresno County Employees' Retirement Association ("Lead Plaintiffs") today announced that the United States District Court for the Southern District of New York has granted...
- Research articles 2004-07-30
- Rancho Cordova, Calif.-Based Firm Agrees to Pirated Software Settlement.
- Knight Ridder/Tribune Business News Oct. 1 -- A Rancho Cordova medical technology company has agreed to pay $117,000 to settle charges that it used pirated software from companies like Microsoft and Correll on its computers. In addition to the cash settlement with...
- Research articles 1999-09-30
- Cash Settlement Received By Circo Craft's Puerto Rican Operation
- MONTREAL, QUEBEC--BUSINESS WIRE--JANUARY 23, 1995--CIRCO CRAFT CO. INC. (ME, TSE:CCC) Circo Craft Co. Inc. today confirmed that its Puerto Rican subsidiary, Circo Caribe Corporation, has now received complete payment for the previously announced US$7.5 million settlement concluded with a U.S. competitor on January 6, 1995. As per the terms...
- Research articles 1995-01-23
- Catalytica Energy Systems Announces Settlement with AGC
- Business Editors MOUNTAIN VIEW, Calif.--BUSINESS WIRE--Oct. 4, 2001 Catalytica Energy Systems, Inc. (Nasdaq:CESI) announced today that it has reached a $3.0 million cash settlement with AGC Manufacturing Services, Inc. and AGC Project Development, Inc. collectively AGC to be paid over a 22-month period in connection with claims filed...
- Research articles 2001-10-04
- Publisher's Clearing House Agrees to Cash Settlement, Will Alter Practices.
- By Michael Booth, The Denver Post Knight Ridder/Tribune Business News Jun. 27--Publishers Clearing House will pay a $34 million settlement in 26 states, halt misleading junk mail and apologize to consumers duped by pervasive sweepstakes promotions as part of a national agreement...
- Research articles 2001-06-27
- Inmet Mining announces $4.7 million cash settlement.
- TORONTO, Dec 14, 2000 Inmet Mining Corporation announced today that it has successfully negotiated and received early payment in the amount of $4.7 million in the settlement of deferred payments arising from the 1995 sale of Inmet's interest in Montanwerke Brixlegg, an Austrian secondary...
- Research articles 2000-12-15
- Reliant Technologies and Laser Industries/Sharplan Have Reached a Settlement of Reliant's Antitrust Suit Against Laser Industries/Sharplan
- Business Editors & Health/Medical Writers FOSTER CITY, Calif.--BW HealthWire--March 28, 2000 The Suit Was to Commence Trial on April 24, 2000 Reliant Technologies, Inc. announced today that it has settled its antitrust suit against Laser Industries/Sharplan. Reliant's antitrust suit against Laser Industries/Sharplan, set for trial on...
- Research articles 2000-03-28
- The Great Atlantic & Pacific Tea Company, Inc. Announces Cash Settlement of Series A Warrants
- MONTVALE, N.J. -- The Great Atlantic & Pacific Tea Company, Inc. (A&P, NYSE Symbol: GAP) announced it settled in cash totaling $45.7 million, the 4,657,378 Series A Warrants, issued in connection with the acquisition of Pathmark. These warrants were exercised by Yucaipa Corporate Initiatives Fund I, L.P., Yucaipa American Alliance...
- Research articles 2008-06-05
- Intergraph to Settle Accelerated Stock Buyback in Cash
- HUNTSVILLE, Ala. -- Cash Settlement of Approximately $72 Million to be Paid on March 24, 2006
- Research articles 2006-03-21
- Cash settlement and note from investment adviser are qualifying RIC income.(regulated investment company)
- In Letter Ruling 200739010, the Service ruled that a regulated investment company's (RIC's) receipt of cash and a note from its investment adviser IA are qualifying income under Sec. 851b(2). Further, although the note caused a Sec. 851b(3) asset-test failure, the IRS ruled that satisfaction of...
- Research articles 2008-01-01
- NOVA Chemicals to Receive $110 Million Cash Settlement
- PITTSBURGH -- NOVA Chemicals Corporation (NYSE:NCX)(TSX:NCX) today announced it expects to soon receive a cash payment of approximately $110 million U.S. related to the final resolution of a tax dispute. The dispute was related to the deductibility of foreign taxes in certain returns filed with the United States Internal Revenue...
- Research articles 2005-01-21
- NOVA Chemicals to Receive $110 Million Cash Settlement.
- PITTSBURGH, Jan 21, 2005 CCNMatthews via COMTEX NOVA Chemicals Corporation (NYSE:NCX)(TSX:NCX) today announced it expects to soon receive a cash payment of approximately $110 million U.S. related to the final resolution of a tax dispute. The dispute was related to the deductibility of foreign...
- Research articles 2005-01-21
- TWO COURT CASES: Onan cash balance settlement near; IRS approval still needed, but company agrees to pay workers, retirees additional benefits and alter plan to end 4-year battle.(Brief Article)
- INDIANAPOLIS - Onan Corp. reached a preliminary settlement with its workers and retirees and ended a four-year legal battle that jeopardized the tax-favored status of its cash balance pension plan. The settlement also brings to an end the first law INDIANAPOLIS - Onan Corp....
- Research articles 2001-10-01
