cut out

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Cut Out

To refuse to clear a transaction. See also: Clearing house, Settlement, Fail.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

cut out

The deletion or withholding of a trade from clearance.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.