Clear: Difference between revisions
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imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Mend link.) |
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* [[Opaque]] | * [[Opaque]] | ||
* [[Payee]] | * [[Payee]] | ||
* [[ | * [[Presentment]] | ||
* [[Remittance]] | * [[Remittance]] | ||
* [[Security]] | * [[Security]] | ||
Revision as of 08:59, 31 August 2022
1. Remittances - cheques.
When a remittance clears through the banking system, it results in an increase in the cleared balance in the payee's account, which they can then draw down against.
2. Securities - derivatives contracts - counterparty risk - clearing.
To act as a central counterparty to facilitate market transactions and reduce counterparty risk.
3. Adjective - disclosure - reporting.
Appropriately complete and easy to understand.
