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 ?
Wrexham saw a Connor Jennings effort cleared off the line before the interval, while Kayden Jackson also saw one in the dying embers of the game blocked on the goalline by Aristote Nsiala, Dragons fans and a few players claiming with the use of his arm.
On 84 minutes Puch's cross was cleared off the line by Mohammad Saif straight into Eisa Ali's path and he make it 2-0.
Evans must have thought he had got a second equaliser when he scrambled the ball past Smith from eight yards out, but Ashton's Steve Hall acrobatically cleared off the line with a bicycle kick.
He certainly provided a threat - playing his part in Aron Gunnarsson's consolation, while also having an effort cleared off the line.
We had about four cleared off the line and a whole host of corners but just couldn't score.
James Constable's early header was cleared off the line by Joel Ledgister while Kenna, starting his first league game since September after a hernia operation, lashed a free-kick against the upright early in the second half.
Hundreds of books are being cleared off the shelves in libraries in Redcar and Cleveland.
That's one of the hardest places to play,'' said Donovan, whose 57th- minute shot was cleared off the goal line by Saprissa defender Jervis Drummond.
Click on Remove, and theoretically at least, all the application's files will be cleared off your hard drive.
Sixty-eight-year-old Rapanos, a son of Greek immigrants, bought a parcel of land in 1988, cleared off the scrub trees, graded it, and tried to market it to strip-mall developers.
This can be attributed to a number of default properties cleared off the books by some of the financial institutions.
The ranchers back in the 1800s favored live oaks and cleared off everything else, according to Jim Rooni and Jay Culver, the two urban foresters assigned to Austin's oak-wilt project.