processsettle
processsettle is a term used in financial technology and batch-processing systems to describe the automated step in a settlement workflow that transforms unsettled transactions into settled records by reconciling them with source systems, validating business rules, and posting adjustments to ledgers.
In software terms, processsettle can refer to a function, service, or job that executes settlement by applying
Data models commonly associated with processsettle include a settlement_batch, which aggregates a set of settlement_entry records,
Scope and applicability cover banks, payment networks, securities clearing houses, and cryptocurrency exchanges, with implementations ranging
See also: settlement, reconciliation, general ledger, batch processing.