T+1


Also found in: Financial.

T+1

(Transaction plus 1 day) In financial processing, the ability to complete a stock transaction within one day of the day it was made, which includes settlement, payment and transfer of ownership.
References in periodicals archive ?
This will help improve information flows for timely settlement and cash management, which reduces settlement risk, and facilitates straight-through processing and the move towards T+1, next day settlement.
By leveraging the Internet and SunGard's network infrastructure and business integration technologies, SunGard is connecting these processes into a virtual network to achieve straight-through processing in anticipation of T+1, next day settlement.
Palmer was Chief Information Officer at National Securities Clearing Corporation, where his accomplishments included the development of NSCC's first web-based transaction processing services, formulation of the plan for settling equities on T+1, and redesign of the systems development process for NSCC.