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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Actual Settlement Date Accounting (ASDA)

Actual Settlement Date Accounting (ASDA)

Definition of 'Actual Settlement Date Accounting (ASDA)'

Global custodians will give good cash value only on settlement of the securities trade itself.

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Related Terms

Actual/ActualValue DateEconomic Value AddedFX SwapAccounting Reference DateAccounting Standards BoardAccruals AccountingARORASBCCACreative AccountingCurrent Cost AccountingGAAPGenerally Accepted Accounting PrinciplesBack OfficeCentral Securities Depository (CSD)Five-Day Rolling SettlementTargetCapital Adequacy Directive (CAD)Early-Settlement Discount

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