reference: R117-1:2007 T.s.5

ID: 01600

a transaction is settled when the parties interested in the transaction have made their agreement known (explicitly or implicitly) regarding the amount of the transaction. This may be a payment, signing a credit card voucher, signing a delivery order, etc. The parties interested in a transaction may be the parties themselves or their representatives (for example, the employee in a filling station or the driver of a truck)