May 31, 2007 20:10
17 yrs ago
Spanish term

sera D+3 desde

Spanish to English Bus/Financial Finance (general)
From an investment fund description (deposit):

La fecha de la constitución del deposito sera D+3 desde la fecha de la suscripción del producto.

So, is this saying that the deposit's inception date will be 3 days after the registration date?
Thanks in advance!
Proposed translations (English)
3 +1 settlement date
4 3 days after..

Proposed translations

+1
4 mins
Selected

settlement date

typically this is "settlement date". A parallel for securities, for example, would be Trade + 3.
Peer comment(s):

agree John Rynne
10 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks so much Paul and Lydia..you both were very helpful...Paul's explanation led to a better understanding of the phrase overall. "
1 hr

3 days after..

,
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