confirmation

Bankruptcy judges's approval of a plan of reorganization or liquidation in chapter 11, or payment plan in chapter 12 or 13.

The courts approval of the debtors plan before it goes into effect.

This written notice provided by a brokerage acknowledges completion of a securities transaction. It includes details such as the date of purchase, price, number of shares, commission, fees, and settlement terms.

When you buy or sell a stock or bond, your brokerage firm will send you a confirmation, or printed document, with the details of the transaction.

Confirmations include the price, any fees, and the trade and settlement dates. Stock confirmations also include the commission if it applies. These documents are your back-up for calculating capital gains and losses.

You'll also receive a confirmation to reaffirm orders you place, such as a good 'til canceled order to buy or sell a certain stock at a stop or limit price.

In addition, activity in your trading account, such as stock splits, spinoffs, or mergers will trigger a confirmation notice.

Informal term for the Senate giving "Advice and Consent" to a presidential nomination for an executive or judicial position.