# Finality

- Canonical URL: https://www.gerhardmerk.de/finality
- Post ID: 588027
- Modified: 2023-07-25T21:00:54+00:00
- Language: en

## Definition

In payment systems, a settlement that is both unconditional and irrevocable and cannot be revoked. - See settlement confirmation, blank, book profit, business continuity programs, clearing house, automatic, closing, definitive purchase, Euroclear, retail payments, electronic, mistrade, redemption, trade assignment, transfer, final, transfer system, payment, payment monitoring. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1