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 ?
Nonetheless, Johar took to Twitter and cleared the air that the film is one of his most ambitious projects and would not be shelved.
"There will be further discussions between ourselves and the NTF on the issue and, having cleared the air, hopefully the negative headlines will dissipate.
And once you've cleared the air, you can stop wasting your time worrying--regardless of the outcome.
JB: The Supreme Court ruling cleared the air in terms of checkoff programs and allowed everyone to move forward in a positive manner.
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.