Current, what our country basically executes is compulsive settlement of exchange is made, partial enterprise executes limitation settlement of exchange to make via approval;

目前，我国主要实行的是强制结汇制，部分企业经批准实行限额结汇制；

youdao

The auctions will involve "cash settlement", rather than a physical exchange of the underlying bonds, which is needed because the value of swaps far exceeds the face value of those bonds.

拍卖将包含“现金结算”而非优先债券的实物交易。他因互换价值远超过这些债券的账面价值而存在。

youdao

The clearinghouse informs every exchange member of their net settlement status.

清算所将每个交易所清算成员各自的净结算头寸通知他们。

youdao

He wants a "land-for-land" swap - the transfer of areas in Israel currently populated by Israeli-Arabs to the control of the Palestinian Authority, in exchange for Israeli control of major Jewish settlement blocs in the West Bank.

BBC: Israeli election: Where they stand

Since then, the problems and expense of reinventing foreign-exchange settlement have often seemed greater than the putative benefits.

ECONOMIST: Foreign exchange

Even so, state and federal officials are nearing a settlement that would release companies like Bank of America and JPMorgan Chase from legal liability in exchange for a cash settlement, reduced payments for homeowners, transition assistance for troubled borrowers and promises to improve performance and comply with state and federal rules.

FORBES: State AGs Never Had A Chance Against Big Banks