CLEAR


Meaning of CLEAR in English

A trade is settled out by the seller delivering securities and the buyer delivering funds in 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 .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.