settleability
- noun
- /ˌsɛtəˈlɪbɪlɪti/
- Specialized
- Banks assess the settleability of international payments to avoid delays and errors.
Examples
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Before proceeding, the bank verified the settleability of the payment to ensure a smooth transaction.
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Improved technology has increased the settleability of cross-border financial operations.
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The settleability of the transaction was confirmed before the funds were transferred.
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The settleability of the transaction was confirmed by both parties.
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Can you explain the settleability of this agreement?
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The settleability of the financial deal was crucial for both parties to finalize their agreement.
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During the audit, the company showed evidence of the settleability of their outstanding transactions.
Surface Forms
Morphology
settleability = settleable (transparent) = settle + able + ity
The noun is a regular nominalization of 'settleable' indicating the quality of being able to be settled (e.g., a payment).
Etymology
Settleability comes from the verb settle, which can mean 'to make final' or 'to pay a bill', and the ending -ability meaning 'can be done'. So, just like you 'settle a bill' at a shop, settleability is how easily a payment or transaction can be completed and cleared.