1. Describing a
block trade in which the
buyer agrees to
buy all of the
seller's securities or
inventory he/she is offering. It often happens that a buyer is only interested in, say, half or three quarters of the securities a seller is offering. This leaves the seller with extra securities he/she does not want, and exposes him/her to the
risk that they will be sold either at a low
price or not at all. A clean
transaction spares the seller from this risk, as the buyer takes all the securities offered off of the seller's hands.
2. Describing a company or individual with little or no
debt. See:
Clean balance sheet.