clearing account
21Clearing Processing System — ( CPS) LIFFE electronic system which supplies all members with their real time positions and margin calculations, as well as maintaining accounts and informing members of all account developments. LIFFE …
22clearing house — noun a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted (Freq. 1) • Hypernyms: ↑financial institution, ↑financial organization, ↑financial organisation …
23Nostro and Vostro Account — Nostro and Vostro (Middle Italian, from Latin, noster and voster ; English, ours and yours ) are accounting terms used to distinguish an account you hold for another entity from an account another entity holds for you. The entities in question… …
24Interdistrict Settlement Account — A clearing account that the Federal Reserve maintains to facilitate fund transfers between the 12 Federal Reserve banks located throughout the country. The account is domiciled in Washington D.C. This account is reserved solely for the use of the …
25pivot account — Account opened in the name of the system paying agent and used as intermediary account between the system paying agent s account and the accounts of the entitled holders during the processing of the corporate action. Euroclear Clearing and… …
26registrar account — Account at the registrar where financial instruments are registered. Euroclear Clearing and Settlement glossary …
27safekeeping account — Account in which assets are held, also used for reporting, corporate actions, etc. Euroclear Clearing and Settlement glossary …
28Account clearing house for booksellers — Расчётная палата для книгопродавцев …
29Automated Clearing House — (ACH) is the name of an electronic network for financial transactions in the United States. ACH processes large volumes of both credit and debit transactions which are originated in batches. Rules and regulations governing the ACH network are… …
30Transactional account — Banking A series on Financial services …