• T+1 (or T+2, T+3) — abbreviations indicating the settlement date for deals.

  • The letter “T” indicates the date of the transaction; the numbers 1, 2 or 3 indicate how many days after the date of the transaction the settlement occurs.
  • Stocks typically have T+2, while bonds, mutual funds and money market funds range between T+1, T+2 and T+3.