单词 | clearing |
释义 | clearingDefinitions 1. General: Satisfaction of the requirements of a due process. 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. Use 'clearing' in a SentenceMany stores have a check clearing policy stating that a refund cannot be provided until enough time has passed to allow the funds from the check to be removed from the bank account, assuring that the check is not fraudulent. We do not any longer accept checks for products at our employee store because there was a problem with checks clearing. I recently contacted my bank regarding their clearing policy relating to holds placed upon personal and business checks deposited to my account. |
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