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Glite Dictionary
🚚 Forced moving 😟 Uneasy state 💸 Incomplete payment
unsettlement

unsettlement

8.8
A failure to complete a payment or bank transaction
  • noun
  • /ʌnˈsɛtlmənt/
  • Specialized
translation icon : incumplimiento
  • Regulators are concerned about the risks posed by unsettlement in international payments.

Examples

  • The bank's system error led to unsettlement of several important transactions.

  • After the merger, there was significant unsettlement in the processing of client accounts.

  • The unsettlement of the accounts worried the accountant.

  • There was an unsettlement regarding the final payment.

  • The bank's system error resulted in an unsettlement of several critical transactions due to incomplete processing.

  • After the merger, the unsettlement of client accounts created confusion for the financial team.

  • Regulators expressed concerns about the unsettlement of transactions in international markets affecting global trade.

Synonyms

unsettledness
vsunsettlement
  • Specialized
7.4

Money or debts that are not yet paid

is the actual failure to finish a financial account
nonremittal
vsunsettlement
9.9

A failure to pay money that is due

is about failing to complete the whole account process rather than only payment
unfulfillment
vsunsettlement
  • Formal
6.8

Failure to do what you agreed to in a contract

is specific to incomplete financial account settlement not general obligations

Antonyms

completion
108 2.4

The act of finishing a task or project

settlement
  • Specialized
34 3.5

The final action that pays debts and closes a business or financial deal

How Settled

consummated
  • Formal
6.8
settlement
  • Specialized
34 3.5
unsettlement
  • Specialized
8.8
outstanding
  • Specialized
83 3.9
pending
18 3.0

Surface Forms

unsettlement singular
unsettlements plural

Morphology

unsettlement = unsettle (semi-transparent) = un + settle + ment

The financial context of 'unsettlement' is not immediately obvious from the base word 'unsettle'.

Etymology

Unsettlement comes from the start un- meaning 'not' and settlement, built from settle meaning 'to finish or pay an account', as in 'settle a bill'. So unsettlement is when a payment or transaction is 'not finished', which is why it means the failure to complete a financial settlement.