confirmation

The document used to state in writing the terms of a trade that were previously agreed to orally by the buyer and the seller. American Banker Glossary
————
The written statement that follows any " trade" in the securities markets. Confirmation is issued immediately after a trade is executed. It spells out settlement date, terms, commission, etc. Bloomberg Financial Dictionary
————
The process immediately following a transaction whereby the traders confirm the details of the trade. Exchange Handbook Glossary

* * *

confirm con‧firm [kənˈfɜːm ǁ -fɜːrm] verb [transitive]
1. to say or show that something is definitely true:

• The company said the report confirmed what its own directors and accountants had already established.

confirm that

• Walsh confirmed that the money had been paid.

2. to tell someone that a possible arrangement, date, or time is now definite:

• Could you confirm the dates we discussed?

• I am writing to confirm our order for a 500mm print.

• If a confirmed booking is cancelled a 50% fee will be charged.

— confirmation noun [uncountable] :

• The bank has to receive confirmation that the check has cleared.

* * *

confirm UK US /kənˈfɜːm/ verb
[I or T] to make an arrangement or meeting certain, often by phone or writing: confirm that »

So far ten people have confirmed that they will be attending the meeting.

»

When initial appointments are made over the telephone, these should also be confirmed in writing.

»

No contract exists until the company confirms by email that their order has been dispatched.

»

The group said it expected another $5 billion of orders to be confirmed soon.

[T] to prove or say that something is true: »

Britain's biggest dairy company yesterday confirmed 3,450 job losses.

»

They refused to confirm or deny speculation that the company was to close.

confirmation noun [C or U]
»

It is essential to obtain confirmation in writing.

confirmation that »

Investors are looking for confirmation that the economy is picking up speed.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • Confirmation — • Describes its origin from Biblical texts and how it has been handed down through the ages. The rite is briefly described, and the minister, matter, form, recipient, effects, necessity and sponsors are detailed Catholic Encyclopedia. Kevin… …   Catholic encyclopedia

  • confirmation — [ kɔ̃firmasjɔ̃ ] n. f. • XIIIe; lat. confirmatio 1 ♦ Action de confirmer, de rendre plus certain. ⇒ affirmation, assurance, certitude, consécration. Confirmation d une nouvelle, d une promesse. Il m en a donné confirmation. Confirmation d un acte …   Encyclopédie Universelle

  • confirmation — con·fir·ma·tion /ˌkän fər mā shən/ n 1: the act or process of confirming, assuring, or upholding seeking confirmation of the agreement; specif: the ratification of an executive act by a legislative body senate confirmation of the Supreme Court… …   Law dictionary

  • confirmation — CONFIRMATION. sub. f. Ce qui rend une chose ferme et stable. La confirmation d une Sentence, d un Arrêt. Obtenir des Lettres de confirmation. Payer le droit de confirmation. Confirmation de priviléges, de droits, de prérogatives, d honoraires,… …   Dictionnaire de l'Académie Française 1798

  • confirmation — Confirmation. s. f. v. Ce qui rend une chose plus ferme, plus stable. La confirmation d une Sentence, d un Arrest. obtenir des Lettres de confirmation. Il se dit aussi, De la nouvelle & plus expresse assurance d une chose qui avoit desja esté… …   Dictionnaire de l'Académie française

  • Confirmation — Con fir*ma tion, n. [F. confirmation, L. confirmatio.] 1. The act of confirming or strengthening; the act of establishing, ratifying, or sanctioning; as, the confirmation of an appointment. [1913 Webster] Their blood is shed In confirmation of… …   The Collaborative International Dictionary of English

  • Confirmation — (v. lat.), 1) Bestätigung; 2) Bestätigung eines Rechtsgeschäfts durch den Regenten, od. durch die Civilobrigkeit (C. judicialis); diese Bestätigung ist entweder zur Gültigkeit des Geschäfts wesentlich erforderlich (C. utilis, C. necessaria), in… …   Pierer's Universal-Lexikon

  • Confirmation — Confirmation, Bestätigung, Versicherung, daß Etwas gewiß sein soll. Man bezeichnet mit diesem Worte eine religiöse Handlung, welche billig für eine der bedeutungsvollsten gehalten werden möchte. Im Namen des neugebornen Weltbürgers hatten… …   Damen Conversations Lexikon

  • confirmation — the final approval by the bankruptcy court of a debtor s plan of reorganization. Confirmation takes place after the plan has been approved by creditors (Glossary of Common Bankruptcy Terms) The official act of the court in approving a plan or a… …   Glossary of Bankruptcy

  • Confirmation — ситуация, когда несколько индикаторов подтверждают анализ рынка. См. также: Торговые сигналы Финансовый словарь Финам …   Финансовый словарь

  • confirmation — c.1300, confyrmacyoun, the Church rite, from O.Fr. confirmacion (13c.) strengthening, confirmation; proof; ratification, from L. confirmationem (nom. confirmatio) a securing, establishing; an assurance, encouragement, noun of action from… …   Etymology dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.