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 Expected Future Return:
- Examples The return that is expected to be earned on an asset in the future. Also called the expected return euroclear definition.
- Definition Education IRA:
- Examples A type of individual retirement account enabling the contribution of up to $500 per year for each child up to the age of 18 by the parents in the family euroclear explain.
- Definition Exact Interest:
- Examples on the basis of a 365-day/year schedule by a bank or other financial institution as opposed to a 360-day basis (ordinary interest). Difference can be material when large principal sums of money are euroclear what is.
- Definition Excess Margin:
- Examples Equity present in an individual's account above the legal minimum required for a margin account or the maintenance requirement at a brokerage firm euroclear meaning.
- Definition Equivalent Loan:
- Examples Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting euroclear abbreviation.
