clearing system
31clearing house — An adjunct to a futures exchange through which transactions executed on its floor where trades are settled by a process of matching purchases and sales. A clearing organization is also charged with the proper conduct of delivery procedures and… …
32Clearing House Interbank Payments System — ( CHIPS) An international wire transfer system for high value payments operated by a group of major banks. The New York Times Financial Glossary * * * Clearing House Interbank Payments System ˌClearing House ˌInterbank ˈPayments ˌSystem , CHIPS… …
33Clearing Broker — A member of an exchange that acts as a liaison between an investor and a clearing corporation. A clearing broker helps to ensure that the trade is settled appropriately and the transaction is successful. Clearing brokers are also responsible for… …
34Clearing-Nummer — Die BC Nummer (Bankenclearing Nummer) dient in der Schweiz und in Liechtenstein zur Identifizierung der Finanzinstitute, die am SIC (Swiss Interbank Clearing) bzw. am euroSIC System angeschlossen sind. Das SIC ist ein Gemeinschaftswerk der… …
35Clearing house interface — A Clearing House is a centralised facility for the exchange of mutual claims by financial institutions with settlement of the net balance. The aim is to provide the branches of a bank with an electronic link to their local clearing house. Tape… …
36clearing house — A centralized and computerized system for settling indebtedness between members. The best known in the UK is the Association for Payment Clearing Services (APACS), which enables the member banks to offset claims against one another for cheques… …
37Clearing House Electronic Subregister System - CHESS — A computer system operated by the Australian Stock Exchange (ASX) that facilitates the transfer of a security s legal ownership from a seller to a buyer and also any monetary transactions between the two parties. In the ASX, the Clearing House… …
38clearing house — A centralized and computerized system for settling indebtedness between members. The best known in the UK is the Association for Payment Clearing Services (APACS), which enables the member banks to offset claims against one another for cheques… …
39clearing — UK [ˈklɪərɪŋ] / US [ˈklɪrɪŋ] noun Word forms clearing : singular clearing plural clearings 1) [countable] an area in a forest where there are no trees or bushes 2) [uncountable] the system in the UK that helps students who have not been… …
40Clearing House Automated Payments System — /ˌklɪərɪŋ haυs ˌɔ:təmeɪtɪd peɪmənts ˌsɪstəm/ noun a computerised system which is organised by the banks and used for clearing cheques. Abbreviation CHAPS …
