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 ?
We've already debriefed the race weekend at the factory and have cleared the air.
And once you've cleared the air, you can stop wasting your time worrying--regardless of the outcome.
As for me, I can only say that I am grateful for having had the chance to have cleared the air, to have said hello to a friend and to have told him I thought he had the greatest legs.
While trying to improve indoor air quality for astronauts living in a sealed chamber full of toxic materials, Wolverton discovered that plants cleared the air by absorbing chemicals and converting them into food and energy.