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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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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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