predefined settlement mechanism
[ˌpriːdɪˈfaɪnd ˈsɛtəlmənt ˈmɛkənɪzəm]
nounpl: predefined settlement mechanisms
mecanismo de liquidação predefinido
1. A predetermined procedure or system established in advance for resolving transactions, disputes, or financial obligations according to agreed-upon rules and conditions
The exchange operates under a predefined settlement mechanism that ensures all trades are cleared within 24 hours.
A bolsa opera sob um mecanismo de liquidação predefinido que garante que todas as operações sejam compensadas em 24 horas.
2. In legal and financial contexts, a framework that automatically executes payment or delivery obligations based on pre-established terms
The smart contract incorporated a predefined settlement mechanism to automatically transfer funds upon contract completion.
O contrato inteligente incorporou um mecanismo de liquidação predefinido para transferir fundos automaticamente após a conclusão do contrato.
This term is predominantly used in financial, legal, and commercial sectors in both Brazil and Portugal. It is particularly relevant in banking, securities trading, blockchain technology, and international commerce where standardized procedures and transparency are essential. In Brazilian financial markets (B3 - Bolsa de Valores, Mercadorias e Futuros), predefined settlement mechanisms are crucial for maintaining market integrity and investor confidence.
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →