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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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Clearing House Automated Payment System Clearing House Automated Payments System Clearing House Electronic Subregister System Clearing House Funds Clearing House Interbank Payments System Clearing Member Clearing Member Trade Agreement clearing out clearing-house statement Clearinghouse Clearstream International CLF client clientele effect Clifford trust |
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