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Execution and Declaration

noun

  • Putting a condemned person to death.
  • The act of performing; of doing something successfully; using knowledge as distinguished from merely possessing it.
    • usage: "they criticised his performance as mayor"; "experience generally improves performance"
  • Computer science. ( the process of carrying out an instruction by a computer)
  • Law) the completion of a legal instrument (such as a contract or deed) by signing it (and perhaps sealing and delivering it. ( so that it becomes legally binding and enforceable)
  • A routine court order that attempts to enforce the judgment that has been granted to a plaintiff by authorizing a sheriff to carry it out.
  • The act of accomplishing some aim or executing some order.
    • usage: "the agency was created for the implementation of the policy"
  • Unlawful premeditated killing of a human being by a human being.

Execution is the process of completing an order to buy or sell securities. Once a trade is executed, it is reported by a Confirmation Report; settlement (payment and transfer of ownership) occurs in the U. S. Between one (mutual funds) and three (stocks) days after an order is executed. The time varies greatly across countries. In France, for example settlements are only once per month.

noun

  • A statement that is emphatic and explicit (spoken or written. )
  • Law) unsworn statement that can be admitted in evidence in a legal transaction. (
    • usage: "his declaration of innocence"
  • A statement of taxable goods or of dutiable properties.
  • Contract bridge. ( the highest bid becomes the contract setting the number of tricks that the bidder must make)
  • A formal public statement.
    • usage: "the government made an announcement about changes in the drug war"; "a declaration of independence"
  • A formal expression by a meeting; agreed to by a vote.

Declaration is the Board of Directors motion to authorize dividend payments.