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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 ?
But the clearest evidence of the snooty attitude towards Nazareth comes from the mouth of Nathanael.
It was one of the clearest and most well-written pieces I have ever seen dealing with an area that confuses many who have been in the insurance industry for years.
The clearest theme is the complex and multifaceted nature of relationships and identities.
Classical Architecture is the clearest and most accessible account of the history and use of the language which has produced most of the great masterpieces of Western architecture.
The clearest message is that we as African Americans have to focus on the fundamentals," he writes.
IBM (NYSE:IBM) is shipping the world's clearest computer display -- 12-times sharper than current displays -- 10 years sooner than industry experts said it was possible.
The clearest way to do this is to put Florida's 25 electoral votes in play.
Keep in mind that books remain the clearest windows to a world of expanded vocabulary, imagination and a variety of enticements.
30, 2000), "The clearest case of voluntary papal resignation was that of Pope Celestine V" in the 13th century, although the number of popes who resigned may be as high as 10.
This is hidden by the everyday reference to the public and private sectors, one of our clearest examples of innocent fraud.
Binatone's Airlink 8 cordless telephone is one of the clearest on the market.
The theoretical core of the book - the attempt to integrate economic and psychoanalytic modes of reading social and aesthetic phenomena - is clearest in Bruster's discussion of Freud's fort/da game in the final chapter on Troilus and Cressida.