Continuous Net Settlement - CNS

AAA

DEFINITION of 'Continuous Net Settlement - CNS'

An automated book-entry accounting system. CNS centralizes the settlement of compared transactions and maintains an efficient flow of security and money balances.

INVESTOPEDIA EXPLAINS 'Continuous Net Settlement - CNS'

During the CNS process, there are reports that are generated which document the movements of money and securities. This system provides clearance for instruments like equities, corporate bonds, Unit Investment Trusts and municipal bonds.

RELATED TERMS
  1. Net Settlement

    The resolution of all of a bank's transactions at the end of ...
  2. Next-Day Funds

    In banking, money that becomes available for use on the day following ...
  3. Accounting

    The systematic and comprehensive recording of financial transactions ...
  4. Clearing

    The procedure by which an organization acts as an intermediary ...
  5. Unit Investment Trust - UIT

    An investment company that offers a fixed, unmanaged portfolio, ...
  6. Municipal Bond

    A debt security issued by a state, municipality or county to ...
Related Articles
  1. Principal Trading and Agency Trading
    Investing Basics

    Principal Trading and Agency Trading

  2. The 4 Ways To Buy And Sell Securities
    Options & Futures

    The 4 Ways To Buy And Sell Securities

  3. Variable Costs
    Investing

    Variable Costs

  4. How to Use the Gearing Ratio
    Investing Basics

    How to Use the Gearing Ratio

comments powered by Disqus
Hot Definitions
  1. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  2. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  3. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  4. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  5. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  6. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
Trading Center