clearing system
1Clearing System — A system that facilitates the transfer of ownership of securities and arranges custody. ► See also Clearstream and Euroclear …
2International Clearing System — A trading system used when a futures contract transaction is entered on an international level. It is designed to promote world trade and market efficiency. Most international clearing transactions are administered by an international clearing… …
3Bankers' Automated Clearing System — noun ► BACS(Cf. ↑BACS) …
4Clearing House — Clearing House, Railway Clearing House (Abrechnungsbureau), organisierte Vereinigung der Bahnen Großbritanniens mit dem Sitz in London zur Schaffung von Erleichterungen für den durchgehenden Verkehr, insbesondere zur Abrechnung der… …
5clearing bank — ➔ bank1 * * * A bank that is a member of a national cheque clearing system. To clear a cheque means to process it so that the payee receives its value. Such systems can also involve clearing financial orders and standardized payment… …
6clearing bank — a bank that is a member of the Committee of London and Scottish Clearing Bankers. Collins dictionary of law. W. J. Stewart. 2001. clearing bank …
7Bankers Automated Clearing System — See: BACS Payment Schemes Ltd See also: Association for Payment Clearing Services …
8Bankers Automated Clearing System — See Association for Payment Clearing Services …
9Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong …
10Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… …
