T+1, T+2, T+3

What is T+1, T+2, T+3?

T+1, T+2, T+3 meaning Abbreviations that refer to the settlement date of security transactions. The T stands for the day the transaction takes place. The numbers 1, 2 and 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place.

 

reference: mercer.com