Clean

(redirected from cleans house)
Also found in: Dictionary, Thesaurus, Medical, Idioms, Encyclopedia.

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 ?
So the mussel cleans house, using its foot like a broom to sweep away loose particles.
But when the body cleans house, how does it know which red cells to spare and which to sweep away?
She said her mother, who cleans houses to support her three children, is not able to educate her daughter through secondary school.