= Phantom settlement
{wiki=Phantom_settlement}
Phantom settlement generally refers to a situation in finance or legal contexts where a transaction appears to have occurred, but no actual change in ownership or value has taken place. This term can be used in a few different ways, depending on the context. 1. **Finance and Accounting**: In finance, a phantom settlement might refer to accounting entries that reflect transactions for reporting purposes but do not result in physical transfer of assets or cash.
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