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clear
(redirected from clearing the decks)

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia 0.04 sec.
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 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.


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One wonders whether some information might have been presented in lists or in appendices, clearing the decks for a more readable analysis of the culture.
Joseph Gabbaian, another senior vice president at Grubb & Ellis' Westside office, agreed that clearing the decks of the potential CB Richard Ellis deal--which was widely expected to result in layoffs and cost-cutting at both firms--removed a distraction.
Right now, she's clearing the decks of other obligations.
 
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