Business and Personal Finance Dictionary

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• CLEAN REMIC - See sequential-pay REMIC.
  
  
• CLEAN REPORT OF FINDINGS - A report issued by an inspection firm, indicating that price has been verifi...
  
  
• CLEAN UP - In the context of general equities, purchase/sale of all the remaining supply of stock, or t...
  
  
• CLEAN UP OR CLEANUP - 1. An informal phrase used by lenders to describe a provision in loan documents, ...
  
  
• CLEAR - To settle a trade by the seller delivering securities and the buyer delivering funds in the pro...
  
  
• CLEAR A POSITION - To eliminate a long or short position, leaving no ownership or obligation.
  
  
• CLEAR TITLE - Title to ownership that is untainted by any claims on the property or disputed interests,...
  
  
• CLEAR-SPAN FACILITY - A building, most often a warehouse or parking garage, with vertical columns on th...
  
  
• CLEARANCE CERTIFICATE - A certificate issued by a statutory body signifying that they are not owed any ...
  
  
• CLEARANCE LETTER - is a documented certification from a recognized authority that the cleared entity ha...