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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 ?
If the law at that time did not clearly establish that the officer's conduct would violate the Constitution, the officer is entitled to qualified immunity.
Ultimately, the objective of producing lower calorie, lower carbohydrate Clearly Canadian with the same or even more of a flavour and aromatic profile was achieved with a combination of cane sugar and sucralose (Splenda[R] Brand).
Finance directors are clearly going to be busy over the coming months.
Sites engaged in consumer transactions should clearly disclose relevant financial relationships with other sites, particularly when these relationships affect the cost to a consumer.
Although the revenue procedure states that the retail safe harbor method is deemed to clearly reflect income, the method must be used consistently and the taxpayer's inventory methods must otherwise also clearly reflect income.
The IRS, however, considered the asphalt to be merchandise -- and therefore inventory -- which must be accounted for under the accrual method to clearly reflect income.
In sum, the Tax Court held that a taxpayer can choose among accounting methods as long as three conditions are satisfied: the other requirements of the Code are met; the taxpayer's overall method is in conformity; and the taxpayer's method clearly reflects income.
Second, the court must determine whether the constitutional right allegedly violated was clearly established at the time the activity occurred.
446(b) to require the use of an accounting method that clearly reflects income, the IRS disallowed the taxpayer's use of the hybrid method, and attempted to force the taxpayer to report all of its income and expenses on the accrual method.
However, where no other prohibition applies, the Service has asserted that the cash method of accounting fails to clearly reflect income (as required by Sec.