Clear
From ACT Wiki
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.
