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Finance Dictionary and Glossary of Investment Terms
Confirmation
Definition 1.
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.
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Definition 2.
1. The occurrence of two or more indicators corresponding with one another and thereby corroborating the predicted trend.2. The written acknowledgment provided by a broker indicating that a trade has been completed. It includes details such as the date, price, commission, fees, settlement terms, and so on.
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Definition 3.
The written statement acknowledging a securities transaction. More generally, any formal communication which reiterates or verifies an agreement.
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Definition 4.
Formal memorandum from a broker to a client giving details of securities transaction. When a broker acts as a dealer, the confirmation must disclose that fact to a customer.
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