clearing - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “clearing”

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clearing

noun [U]
 
 
/ˈklɪərɪŋ/
BANKING, FINANCE the process by which cheques and other payments are exchanged between customers of different banks: Check clearing is facilitated by central clearing houses, including the Federal Reserve System.
FINANCE, STOCK MARKET the process by which shares and money are exchanged at the end of a day of trading on a financial market: settlement and clearing services for securitiesclearing member/corporation/agent No clearing member has ever failed to meet a performance bond call or its delivery obligations.
Translations of “clearing”
in Chinese (Traditional) 林中空地…
in Russian поляна…
in Turkish ormanlık alanda açıklık, boşluk…
in Chinese (Simplified) 林中空地…
in Polish polana…
(Definition of clearing from the Cambridge Business English Dictionary © Cambridge University Press)
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