Settlement Statement Financial Glossary

What is it? A statement prepared by broker, escrow, or lender, giving a complete breakdown of costs involved in a real estate sale. A separate statement is prepared for the seller and buyer.

Finance Term Definition Added By: Kendall

Send To Friends!

If you'd like to send the Settlement Statement definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Settlement Statement. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term 4S is Under perform / Speculative

Financial Term Profit Sharing Plan is A compensation plan funded by employer contributions, based on a share of the companys profits. Compensation can be in the form of stocks, bonds or cash, and can be immediate or deferred to a future date.

Financial Term Illustration is An estimation of the returns you might get from an investment, based on specified growth rates and taking into account any extra charges or fees which you might have to pay.

Financial Term Successor Trustee is The person, or people, you designate to manage your trust if something happens to you.

Financial Term FFELP is See Federal Family Education Loan Programs.