单词 | clearing |
释义 | clearing clearing /; AmE / noun [U]
(Finance )
1 the activity of exchanging payments that customers of different banks make to each other: the cheque clearing system an automated clearing system (= one that uses a computer system to deal with payments)
2 the activity of calculating the total amount of money, numbers of shares, etc. that investors have agreed to exchange on a particular date, in order to arrange the transfer of the money, shares, etc. between them: Every major exchange has its own system for clearing and settlement. |
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