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.
References in periodicals archive ?
Tenders are invited for Supply And Fitment Of Radio Remote Control System To 1/2 Ton Cap Hoist Of Axle Box Cleaning Plate. Specification/Make/Terms And Condition In The Enclosed Annexure .
Since installation of the Flexo Wash technology, Flex Pack has seen a noticeable improvement in print quality and production efficiency, and as a bonus has been able to re-deploy the staff who previously were dedicated to cleaning plates and anilox rolls to more productive tasks.
Their newest video was made for their new tune, "Riverboat Dishwashing Song." It is a compilation of the band cleaning plates, traveling via canoe, and features animation that ties all the playfulness of the song together.