PAYMENTS
Cut-Off Time
A deadline after which an instruction may be processed on a later cycle or under different rules.
Market use
Cutoffs vary by system, currency and instruction type.
What it means
A deadline after which an instruction may be processed on a later cycle or under different rules.
Example
Liquidity planning must account for the actual operational timetable.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.