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 ?
Albion's Michael McGowan then almost scored an own goal in 54 minutes but scrambled back to clear off the line.
2 : to clean or smooth by rubbing <I scraped the windshield to clear off the ice.
Both sides had opportunities to score in an open, physical game and the hosts had to clear off the line on a couple of occasions.
Within a minute of coming on as a sub at the start of the second-half, Theo Robinson almost increased the Bulls' lead when he rounded Higgs but Shane Duff raced back to clear off the line.
Yes, strong words were said and he was told in no uncertain terms that if he didn't like it, he should clear off.
She says she's managed quite well on her own and why don't I clear off again?