Meaning CLEARING HOUSE INTERBANK PAYMENTS SYSTEM (CHIPS): An international wire transfer system for high-value payments operated by a group of major banks
More terms such as Clearing House Interbank Payments System (CHIPS) in Dictionary C.
- Definition Construction Loan:
- Examples A short-term loan to finance building costs clearing house interbank payments system (chips) definition.
- Definition Closing Transaction:
- Examples Applies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction clearing house interbank payments system (chips) explain.
- Definition Corporate Tax View:
- Examples The argument that double (corporate and individual) taxation of equity returns makes debt a cheaper financing method clearing house interbank payments system (chips) what is.
- Definition Cats And Dogs:
- Examples Speculative stocks with short histories of sales, earnings, and dividend payments clearing house interbank payments system (chips) meaning.
- Definition Capital Gains Distribution:
- Examples A distribution to the shareholders of a mutual fund out of profits from selling stocks or bonds, that is subject to capital gains taxes for the shareholders clearing house interbank payments system (chips) abbreviation.