HomeDefinitionsCompareDebt ClearThe financial definition for Clear:To settle a trade is settled out by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details of a transaction between broke../../finance-glossary/dealers prior to settlement; final exchange of securities for cash on delivery. Similar MatchesAutomated Clearing House (ACH)Automated Clearing House (ACH)A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float. British clearersBritish clearersThe large clearing banks that dominate deposit taking and short-term lending in the domestic sterling market. Check clearingCheck clearingThe movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal Reserve operates a nationwide check-clearing system. Further SuggestionsClear a positionClear title Clearing corporations Clearing House Automated Payments System (CHAPS) Clearing House Electronic Subregister System (CHESS) Clearing house funds Clearing House Interbank Payments System (CHIPS) Click to compare definitions of Clear Click to view definitions beginning cl |