Confirmation

Definition - What does Confirmation mean?

The receipt for a securities transaction that must be sent to all customers either on or before the completion of a transaction. The confirmation must show the trade date, settlement date and total amount due to or from the customer. A transaction is considered to be complete on settlement date.

Testopedia explains Confirmation

Connect with us

Testopedia on Linkedin
Testopedia on Linkedin
Tweat www.testopedia.com
"Testopedia" on Twitter


'@Testopedia'
Sign up for Testopedia's Free Newsletter!