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clear
(redirected from clearing the name)

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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 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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Now, he has succeeded in clearing the name he made for himself in Marshville.
NEWS LITE : JOHNNY MAY BE GOING HOME SOON by Daily News (Los Angeles, CA)
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