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Clean |
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Clean In the context of general equities, block trade that matches buy or sell orders/interests, sparing the block trader any inventory risk (no net position and hence none available for additional customers). Natural. Antithesis of open. Clean 1. Describing a block trade in which the buyer agrees to buy all of the seller's securities or inventory he/she is offering. It often happens that a buyer is only interested in, say, half or three quarters of the securities a seller is offering. This leaves the seller with extra securities he/she does not want, and exposes him/her to the risk that they will be sold either at a low price or not at all. A clean transaction spares the seller from this risk, as the buyer takes all the securities offered off of the seller's hands. 2. Describing a company or individual with little or no debt. See: Clean balance sheet. 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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Yet Baca's still not coming clean as to how the suppression of the report happened, and his role. And far from coming clean, Cheney has praised Libby and promoted others from his staff whose hands are dirty. Jack Ryan must have gone through just such an assessment and no doubt realized that coming clean with the release of those divorce papers would have been just as politically toxic as having them released by the courts. |
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