Clearing the decks financial definition of clearing the decks
clear (redirected from clearing the decks)
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To pay for securities delivered into an account and accept funds for securities delivered out of an account.
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
In summer, the snow atop Whistler Mountain melts, clearing the decks
for hikers and wildflowers.
1)IDC Worldwide Enterprise Instant Messaging Applications 2005-2009 Forecast and 2004 Vendor Shares: Clearing the Decks
for Substantial Growth
The Centre is clearing the decks
for top 400 universities of the world to set up their independent campuses in India.
The former Falkirk boss spent the summer clearing the decks
and rebuilding the squad at the Tayside club.
His comments prompted speculation among Labour MPs that he was clearing the decks
for a referendum as early as next summer, possibly on the day of the Assembly elections.