cut out

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Cut Out

To refuse to clear a transaction. See also: Clearing house, Settlement, Fail.

cut out

The deletion or withholding of a trade from clearance.
References in periodicals archive ?
Photographs from the period show the walls of his Vence apartment covered in vibrant, brightly coloured cut-outs. As Adrien Maeght remembers, Matisse 'always lived among his artworks', turning every home into a studio (Fig.
Although this art form is traditionally woman's work, a few men learned the craft as a child while watching a relative make Cut-Outs. I was told an amusing story of how non-Indians foolishly bet money that an artisan could not produce a paper Cut-Out of an agreed upon shape, without drawing it on the paper.
"We've put posters in shops but to make more impact we thought we'd use the cut-outs. They've been used in B&Q in South Bank over Christmas and apparently it's been effective.
But the French artist Henri Matisse impressed the art world with his decision to use paper cut-outs in his art.
Cheeky staff at Lincoln County Hospital also allegedly rigged one of the 30 life-size cut-outs to shout "Boo" at unsuspecting visitors.
Cheeky staff at Lincoln CountyHospital also allegedly rigged one of the 30 life-size cut-outs to shout "Boo" at unsuspecting visitors.
No longer able to paint, sculpt or make prints, he "drew with scissors." These works are paper cut-outs.
When the cut-outs were pulled back the first of 60 brown wrapped packages could be seen.
Beatrice Coron's Take the A Train is a long sheet of paper with cut-outs showing people in different situations at American tube stations, from those piled up with possessions to a child asking a basketball player for an autograph.
Not the real pneumatically- enhanced version - but a life-sized cardboard cut-out publicising a Win A Date With Jordan competition.
SOLDIER Phil Turner was a cardboard cut-out at his sister's wedding.
STAR PRIZES: Pupil Simon McKay, aged 13, with the cut-out of Kylie Minogue which he won in the raffle and teacher Kate Essex, who won the cut-out of Robbie Williams.