Meaning CLEAR: To settle a trade is settled out by the seller delivering securities and the buyer delivering funds in the 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
More terms such as Clear in Dictionary C.
- Definition Convertible Bond:
- Examples General debt obligation of a corporation that can be exchanged for a set number of common shares of the issuing corporation at a prestated conversion price clear definition.
- Definition Cash Markets:
- Examples Also called spot markets, these are markets that involve the immediate delivery of a security or instrument. Related: Derivative markets clear explain.
- Definition Casualty Loss:
- Examples A financial loss caused by damage, destruction, or loss of property as a result of an unexpected or unusual event clear what is.
- Definition Consortium Banks:
- Examples A merchant banking subsidiary set up by several banks that may or may not be of the same nationality. Consortium banks are common in the Euromarket and are active in loan syndication clear meaning.
- Definition Capital Goods:
- Examples Goods used by firms to produce other goods, e.g., office buildings, machinery, equipment clear abbreviation.
