cut out


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Cut Out

To refuse to clear a transaction. See also: Clearing house, Settlement, Fail.

cut out

The deletion or withholding of a trade from clearance.
References in periodicals archive ?
Also in the NRM series are equivalents for 16.6mm x 19.1mm double D type hole cut outs. The NRSM supplied with standard inserts and the NS5M with KA or KD key cylinders.
More than 200 people stood with one of six four-foot-high Little Guy cut outs that were placed around Capitol Hill.
In response to several customer requests, Bowjax now offers the Monster RizrJax[TM], an accessory dampener that's attached through your bow's riser cut outs. A pair of RizrJax applies four dampeners against your riser to reduce hand shock and vibration.
Mats are also available in yellow for greater visibility, and special angles and cut outs for uniquely-shaped areas and customized cable locations.
Built around pre-wired Jumbo or KEL glands for side, front, top or bottom entry of electrical enclosures, the plate comprises a two-part base plate with pre-fabricated cut outs. The plate is installed by pushing the halves together, after the cable entry frames have been assembled in the switch or control cabinet.