Business and Personal Finance Dictionary

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• CLEARING CORPORATION - An agency connected with a financial exchange through which brokers and other pa...
  
  
• CLEARING CORPORATIONS - Organizations that are affiliated with exchanges and are used to complete secur...
  
  
• CLEARING FLOAT - the delay between depositing a check and the time it is presented to the payor's bank ...
  
  
• CLEARING HOUSE - (1) an agency operated by financial organizations to exchange and pay checks drawn on ...
  
  
• CLEARING HOUSE AUTOMATED PAYMENTS SYSTEM (CHAPS) - A computerized clearing system for sterling funds th...
  
  
• CLEARING HOUSE ELECTRONIC SUBREGISTER SYSTEM (CHESS) - CHESS is the automatic transfer and settlement s...
  
  
• CLEARING HOUSE FUNDS - Funds from the Federal Reserve System, requiring three days to clear, that are p...
  
  
• CLEARING HOUSE INTERBANK PAYMENT SYSTEM (CHIPS) - A privately owned electronic system in New York City ...
  
  
• CLEARING HOUSE INTERBANK PAYMENTS SYSTEM (CHIPS) - An automated clearing system used primarily for inte...
  
  
• CLEARING HOUSE OR CLEARINGHOUSE - Is a facility which serves as a buyer to the seller and a seller to t...