open settlement
[/ˈoʊpən ˈsɛtəlmənt/]
nounpl: open settlements
acordo aberto; liquidação aberta
1. A financial or legal settlement where terms are disclosed and transparent to all parties involved
The open settlement of the dispute allowed both parties to understand the final agreement.
O acordo aberto da disputa permitiu que ambas as partes compreendessem o acordo final.
2. In real estate, a settlement process where all costs and terms are made public and accessible
The real estate transaction used an open settlement model to ensure transparency.
A transação imobiliária utilizou um modelo de liquidação aberta para garantir transparência.
3. In trading/finance, settlement of transactions where all details are publicly recorded
The exchange requires an open settlement of all trades by end of business day.
A bolsa exige uma liquidação aberta de todas as operações até o final do dia útil.
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