Meaning EUROCLEAR: One of two principal clearing systems in the Eurobond market. It began operations in 1968, is located in Brussels, and is managed by Morgan Guaranty Bank. Applies mainly to international equities. European clearing organization that functions much like the DTC
More terms such as Euroclear in Dictionary E.
- Definition Extraordinary Item:
- Examples An unusual and unexpected one-time event that must be explained to shareholders in an annual or quarterly report, e.g., employee fraud, a lawsuit, etc euroclear definition.
- Definition European Currency Unit (ECU):
- Examples An index of foreign exchange consisting of European currencies, originally devised in 1979. See also: Euro euroclear explain.
- Definition Equity Claim:
- Examples Also called a residual claim; a claim to a share of earnings after debt obligations have been satisfied euroclear what is.
- Definition Economic Assumptions:
- Examples General market environment a firm expects to operate in over the life of a financial plan euroclear meaning.
- Definition Edge Corporations:
- Examples institutions, authorized and chartered by the Federal Reserve Board of Goverors in the U.S., that are allowed to engage in transactions of a foreign or international character. They are not subject euroclear abbreviation.
