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Processing and Execution

noun

  • Preparing or putting through a prescribed procedure.
    • usage: "the processing of newly arrived immigrants"; "the processing of ore to obtain minerals"

verb

  • Subject to a process or treatment, with the aim of readying for some purpose, improving, or remedying a condition.
    • usage: "process cheese"; "process hair"; "treat the water so it can be drunk"; "treat the lawn with chemicals"; "treat an oil spill"
  • Deal with in a routine way.
    • usage: "I'll handle that one"; "process a loan"; "process the applicants"
  • Perform mathematical and logical operations on (data) according to programmed instructions in order to obtain the required information.
    • usage: "The results of the elections were still being processed when he gave his acceptance speech"
  • Institute legal proceedings against; file a suit against.
    • usage: "He was warned that the district attorney would process him"; "She actioned the company for discrimination"
  • March in a procession.
    • usage: "They processed into the dining room"
  • Shape, form, or improve a material.
    • usage: "work stone into tools"; "process iron"; "work the metal"
  • Deliver a warrant or summons to someone.
    • usage: "He was processed by the sheriff"

Processing are the steps a lender takes with your loan application to gather your information for underwriting. Processing involves building your file of information for your loan. Processing includes getting the credit report, appraisal, verification of employment, assets, etc.

(DoD) In photography, the operations necessary to produce negatives, diapositives, or prints from exposed films, plates, or paper.
(DoD) A system of operations designed to convert raw data into useful information.

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.