clearing

clearing
The procedure through which CME Clearing becomes the buyer to each seller of a futures contract, and the seller to each buyer, and assumes responsibility for protecting buyers and sellers from financial loss by ensuring buyer and seller performance on each contract. This is effected through the clearing process, in which transactions are matched, confirming that both the buyer's and the seller's trade information are in agreement. Chicago Mercantile Exchange Glossary
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The process of registration, guarantees and settlement of a futures/ options transaction. Dresdner Kleinwort Wasserstein financial glossary
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The comparison of the details of a transaction between parties prior to settlement; final exchange of securities for cash on delivery. Euroclear Clearing and Settlement glossary
See netting. Euroclear Clearing and Settlement glossary
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The process of matching, registering and guaranteeing transactions. Exchange Handbook Glossary
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The process of registration, settlement, margin and the provision of a guarantee. LIFFE

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clearing clear‧ing [ˈklɪərɪŋ ǁ ˈklɪr-] noun [uncountable]
BANKING FINANCE when banks and other financial institutions make payments to each other at the end of a period of trading so that they no longer owe each other any money:

• a pan-European clearing system

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clearing UK US /ˈklɪərɪŋ/ noun [U]
► 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 securities

 clearing member/corporation/agent »

No clearing member has ever failed to meet a performance bond call or its delivery obligations.


Financial and business terms. 2012.

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  • clearing — [ kliriŋ ] n. m. • 1912; clearing house 1833; mot angl. « compensation » ♦ Anglic.; comm., fin. Technique de règlement par compensation, visant à éviter des transferts (de titres, de fonds). ⇒ compensation. Accords de clearing, entre pays, en… …   Encyclopédie Universelle

  • Clearing — may refer to: Glade (geography), a tract of land with few or no trees in the middle of a wooded area Deforestation, the clearing away of trees to make farmland Clearing (finance), the process of settling a transaction after committing to it… …   Wikipedia

  • Clearing — Clear ing, n. 1. The act or process of making clear. [1913 Webster] The better clearing of this point. South. [1913 Webster] 2. A tract of land cleared of wood for cultivation. [1913 Webster] A lonely clearing on the shores of Moxie Lake. J.… …   The Collaborative International Dictionary of English

  • clearing — index exoneration Burton s Legal Thesaurus. William C. Burton. 2006 clearing …   Law dictionary

  • clearing — CLÉARING s.n. v. cliring. Trimis de LauraGellner, 13.09.2007. Sursa: DN …   Dicționar Român

  • clearing — land cleared of wood, 1670s, from noun use of prp. of CLEAR (Cf. clear) …   Etymology dictionary

  • clearing — m DEFINICIJA v. kliring …   Hrvatski jezični portal

  • clearing — [n] gap in area allowance, assart, clearance, defoliated area, dell, empty space, expanse, gap, glade, headroom, margin, opening, open space; concept 513 …   New thesaurus

  • clearing — {{/stl 13}}{{stl 7}}[wym. kliring]{{/stl 7}}{{stl 17}}ZOB. {{/stl 17}}{{stl 7}}kliring {{/stl 7}} …   Langenscheidt Polski wyjaśnień

  • clearing — ► NOUN ▪ an open space in a forest …   English terms dictionary

  • clearing — [klir′iŋ] n. 1. a making clear or being cleared ☆ 2. an area of land cleared of trees 3. Banking a) the exchanging of checks, etc. and balancing of accounts between banks b) the procedure for doing this c) [pl.] the amount of the balances thus… …   English World dictionary

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