It refers to the settlement of securities on a recurring cycle of a certain number of days from the trade date, instead of on fixed accountdays.
指按交易日后若干天数为循环周期对证券进行结算，而不是按固定的账户日进行结算。
2
It takes several days before a check is cashed and funds are withdrawn from the issuer's account, which means that the writer of the check can cam interest on the funds in the meantime.
兑现支票和从开支票人的账户中提取资金需要几天的时间，这就意味着开支票的人可以同时从资金中获得利息。
3
Transferring money from one bank account to another could take days, as Banks leisurely handed off funds, levying fees nearly every step of the way.