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.

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.

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.
References in periodicals archive ?
7 : not blocked <a clear path> <a clear view>
The battle over Clear Skies has shaped up as a classic Washington tale of a creditable endeavor hopelessly mismanaged by its sponsor, demagogued by its opponents, and tainted from the start by the administration's well-earned reputation as handmaidens of industry.
CLEAR was formed after 3-year-old Stephanie Kuhen was killed by gangsters in 1995 when her family's car turned down the wrong alley in Cypress Park.
Before clear language: All decisions about the dispensation of subsidies for outside education will be the prerogative of the president's office.
Single-portion trays of Dylark resins are competitive with PP at a cost of 6[-11[/tray, but use 25-30% less material, says Clear Pack.
Lance Locher, Senior Vice President, Clear Channel's Total Traffic Network, stated, "The ongoing testing of all of Total Traffic's combined information sources, including the Inrix solution, is key in garnering the trust of consumers who rely on our traffic data.
Clear Channel Outdoor, based in Phoenix, Arizona, is the world's largest outdoor advertising company with over 881,000 displays in more than 60 countries across 6 continents.
Terms of Clear Channel Radio's relationship with Microsoft were not disclosed.
Clear Channel's initiative to make its stations' websites local shopping hubs illustrates their market awareness and forward-looking approach," said David Rice, president and CEO of AdPay.
Clear Channel has tremendous long term growth opportunities in both the radio and outdoor businesses and we look forward to partnering with Mark and Randall to create value in the years ahead.
The resolution of Fitch's Rating Watch will be determined by an evaluation of to Clear Channel's strategic direction, ultimate transactions including the use of proceeds from recently announced radio and TV divestitures, as well as pro forma credit metrics and overall financial policies.
Using our 'clear the desk' approach, we identified the best practices actually used by subrogation specialists and converted them into software enabling us to create an end-to-end solution," said Brian Cohen, president and chief executive officer of Clear Technology.