Clean

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Related to cleanliness: Cleanliness is next to Godliness

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 ?
He was presiding a meeting held here on Saturday to ensure better cleanliness in the city on the occasion of Eid.
Giving details of the cleanliness plan, FWMC spokesman informed that gigantic operation of cleanliness would be carried out for the lifting and disposal of sacrificial animals waste at the dumping sites.
Usman Buzdar asked the administration and solid waste management companies to ensure best cleanliness arrangements on Eid-ul-Azha and disclosed that he will not go on leave during Eid days and would visit any city across the province to review the situation there.
All the staff of LWMC would remain on duty during Eid days to provide efficient cleanliness services.
The meeting decided to file cases against politicians for resisting cleanliness campaign.
Some of the major initiatives taken by Indian Railways towards improvement in condition and cleanliness of toilets in trains and at Railway stations are as follows:
The participants carried banners and placards inscribed with slogans highlighting the importance of cleanliness and healthy environment.
He announced this while chairing a meeting to review performance of the Lahore Waste Mangement Company and cleanliness arrangements in other cities.
The top-ranked cities received a statue of Father of the Nation Mahatma Gandhi for their work towards cleanliness.
The BRSP chief said, "Innocent children of households in various areas of Balochistan where cleanliness is not ensured, become victims of dangerous diseases.
'Cleanliness is next to godliness,' said Barech while addressing a ceremony held in connection with the Global Hand Washing Day at the Balochistan Boy Scouts Association in Quetta on Monday.
The Inter-Provincial Coordination Secretary Jamil Ahmad gave a detailed presentation on the nationwide drive on cleanliness that will be coordinated and supported by the federal government, driven by provincial government and will be implemented by the local governments.