Definitions (5)
2. Banking: See check clearing.
3. Futures and options: Procedure through which a clearing house acts as a counter-party to every trade and assures financial integrity of each contract.
4. Importing: Release of a shipment after approval of its shipping documents and customs entry, and payment of duties and taxes, if any.
5. Securities: Procedure through which a stock exchange agency or affiliate validates, delivers, and settles all trades.
Questions related to 'clearing'
Related Videos
http://www.businessdictionary.com/definition/clearing.html
