settlement payment

(51A) The term “settlement payment” means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, a net settlement payment, or any other similar payment commonly used in the forward contract trade.

Source

11 USC § 101(51A)

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Scoping language

None identified, default scope is assumed to be the parent (chapter 1) of this section.

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