GlossaryBrokers & Accounts
Settlement
The process of finalising a trade — exchanging cash for the security — which completes a day or two after the trade (e.g. T+2).
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Related terms
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beginnerBrokers & Accounts
Commissions
The explicit cost of trading: what commissions are, the forms they take, how the spread and currency fees act as hidden commissions, why 'commission-free' isn't free, and how trading costs quietly erode returns.
beginnerBrokers & Accounts
401(k)
The US workplace retirement plan: pre-tax and Roth contributions, employer matching formulas, vesting, tax deferral, limits and withdrawal conditions.
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