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Bookmark or Share- Clearing (finance) - WikipediaIn banking and finance, clearing refers to all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another.
- Drug & Alcohol ClearinghouseThe Clearinghouse contains information about holders of commercial driver’s licenses (CDLs) and commercial learner’s permits (CLPs) who are covered by FMCSA’s Drug and Alcohol Testing Program.
- What Is Clearing? Definition, How It Works, and Example - InvestopediaClearing is the process of reconciling purchases and sales of various options, futures, or securities, and the direct transfer of funds from one financial institution to another.
- Clearing Firms | Definition, Types, Functions, Pros, Cons, RulesWhat Are Clearing Firms? Clearing firms play a crucial role in financial markets. They are financial intermediaries that provide essential services to financial markets, including trade confirmation and matching, risk management and collateral, and settlement and delivery.
- Clearing Accounts: Types, Setup, Uses, and ReconciliationClearing accounts come in various forms, each tailored to specific financial processes. Understanding the different types can help organizations manage their finances more effectively and ensure accurate record-keeping.
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