Meaning CLEARINGHOUSE: An adjunct to a futures exchange through which transactions executed on its floor are settled by a process of matching purchases and sales. A clearing organization is also charged with the proper conduct of delivery procedures and the adequate financing of the entire operation
More terms such as Clearinghouse in Dictionary C.
- Definition Company-Specific Risk:
- Examples Related: Unsystematic risk clearinghouse definition.
- Definition Composition:
- Examples Voluntary arrangement to restructure a firm's debt, under which payment is reduced clearinghouse explain.
- Definition Credit Balance:
- Examples The surplus in a cash account with a broker after purchases have been paid for, plus the extra cash from the sale of securities clearinghouse what is.
- Definition Conventional Pass-Throughs:
- Examples Also called private-label pass-throughs, any mortgage pass-through security not guaranteed by government agencies. Compare agency pass-throughs clearinghouse meaning.
- Definition Clearing House Electronic Subregister System (CHESS):
- Examples CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange (ASX) listed securities clearinghouse abbreviation.