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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.
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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The DeMeyers and their crew, Lynn Price, Dwight Young, Dan Briscoe and Steve Klockow, worked quickly to return to Droescher's aide, dousing the spinnaker and clearing lines so he could be brought to the stern. More than 4,000 firefighters from as far away as Alaska and Alabama - including 600 3rd Brigade combat soldiers from Colorado - worked mostly on the perimeter, clearing lines around the flames to prevent them from moving forward. These workers' sole focus is on clearing lines as quickly as possible to allow our line crews to enter a neighborhood and restore power. |
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