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clear

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Clear

To settle a trade by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details of a transaction between broker/dealers prior to settlement; final exchange of securities for cash on delivery.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Clear

To settle a transaction by the payment of the price and often the delivery of the goods. Because so many transactions occur at a given time, and because they may directly or indirectly involve a number of third parties, such as brokers, dealers, or specialists, clearing firms settle most transactions in exchange for a fee.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

clear

To pay for securities delivered into an account and accept funds for securities delivered out of an account.

clear

Of or relating to a trade in which the seller delivers securities and the buyer delivers funds in the prescribed manner and on time. Compare fail. See also good delivery.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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References in periodicals archive
"The only things you can do to clear up your skin from the inside are eat a balanced diet, get regular exercise and drink eight glasses of water every day.
Polevoy is equally unamused: "There is no evidence that herbs taken orally will help clear up acne.
THE COST: Zapzyt Acne Wash, $5 for 6.25 ounces; Clean & Clear Persa-Gel, $6 for one ounce
You see the cute little bottles in health food stores and places like the Body Shop--oils and extracts purported to have magical properties that will clean and clear up your skin.
Although economic reasons are often cited as the force which drives landholders to clear land, a report last year found that:
`Land clearing should only be allowed after (among other considerations) a thorough analysis of regional water balances has been undertaken and there can be clear assurances that such clearing and the new land uses win not exacerbate future dryland salinity problems'.
After all, drinking water quality in Queensland's southern rivers is predicted to fall below World Health Organisation standards for salinity within 20 years, even if not one more stick is cleared.
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