Clean

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Related to cleanliness: Cleanliness is next to Godliness

Clean

In the context of general equities, block trade that matches buy or sell orders/interests, sparing the block trader any inventory risk (no net position and hence none available for additional customers). Natural. Antithesis of open.

Clean

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.
References in periodicals archive ?
Addressing a seminar on the eve of 'World Toilet Day' here, he said that campaigns are launched from time to time in the schools for promoting good habits of cleanliness among children.
The sanitary staff has also been assigned duties at graveyards situated in the city for cleanliness to avoid dengue virus, sources concluded.
VI comprehensive package to maintain cleanliness in the building of the Regional Office of Social Insurance Institution in Brzeziny Street.
Union ministers will also go on a cleanliness drive.
Outsource cleaning activities at 50 major stations, separate housekeeping wing for cleanliness and sanitation
Cllr David Smith, cabinet member for environment, said: Street cleanliness is everyone''s responsibility and we must all work together to tackle the issues.
More than 75 percent of all problems can be linked to contaminated oil; monitoring oil cleanliness and preventing contamination are some of the most important factors in preventing system downtime, repairs and component replacement.
Faisal Al Mualla, Director of the Monitoring and Follow-up Section, said the monitoring not only focuses on cleanliness but also the public areas that are exposed to damage and negligence due to the wrong practices of the people.
Both T4 and B4 wards in Neurosurgery were found to be of an acceptable cleanliness standard, although the report said further improvements could be made.
Healthcare Inspectorate Wales (HIW) announced its intention to undertake unannounced cleanliness spot checks of healthcare organisations across Wales in May 2006.
He added that drivers should take personal cleanliness seriously and refrain from littering.
The hospital was one of 21 trusts to have been told that they must meet Government standards on cleanliness as part of their registration with the new Care Quality Commission (CQC).