Home > Terms > English, UK (UE) > Clearing

Clearing

The procedure through which the clearing house or association becomes the buyer to each seller of a futures contract, and the seller to each buyer, and assumes responsibility for protecting buyers and sellers from financial loss by assuring performance on each contract.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Language Category: Terminology

The Language Race

One of the first online language competitions that allows users to add terms and definitions in their native languages at TermWiki.com in order to ...

Contributor

Featured blossaries

French Sportists

Category: Sports   1 20 Terms

The Moon

Category: Geography   1 8 Terms