clear

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Clear

To settle a trade by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details of a transaction between broker/dealers prior to settlement; final exchange of securities for cash on delivery.

Clear

To settle a transaction by the payment of the price and often the delivery of the goods. Because so many transactions occur at a given time, and because they may directly or indirectly involve a number of third parties, such as brokers, dealers, or specialists, clearing firms settle most transactions in exchange for a fee.

clear

To pay for securities delivered into an account and accept funds for securities delivered out of an account.

clear

Of or relating to a trade in which the seller delivers securities and the buyer delivers funds in the prescribed manner and on time. Compare fail. See also good delivery.
References in periodicals archive ?
Under the company's midrange-priced Crystal Clear line comes seven new collections.
But at least now there will be clear lines of authority and evaluation.
In addition, team commanders need to establish clear lines of command to ensure the effectiveness of the unit.
Here our upright posture and keen vision allowed us to locate prey at great distances with clear lines of sight through the separated trees down to the lakeshore or river's edge from our hillside perch.
citizens' safety and global aviation security and to maintain clear lines of communication and strong cooperation going forward.
I was brought up in a world with clear lines of delineation, and staff - off bounds" Lady Colin Campbell when asked about Princess Diana's one-time butler Paul Burrell's impending same-sex marriage.
For governments tasked with the problem of running a developed state like Britain, they have to draw clear lines against which no-on must cross.
And on Monday, Durham Constabulary reponded by loading one car, which was parked directly on top of the new Keep Clear lines, on to a tow truck and removing it to a car pound.
He added the team is pursuing "clear lines of enquiry" and he hopes to see arrests soon.