- clearing account system
- banking term• clearing-tilijärjestelmä
English-Finnish dictionary. 2013.
clearing account system
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Clearing Processing System — ( CPS) LIFFE electronic system which supplies all members with their real time positions and margin calculations, as well as maintaining accounts and informing members of all account developments. LIFFE … Financial and business terms
Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… … Wikipedia
Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong … Wikipedia
clearing keys — Combination of account number, origin, CTI, clearing fee, foreign exchange/firm and memo fields, when defined, automatically populates the order entry box fields in the CME Globex system. Chicago Mercantile Exchange Glossary … Financial and business terms
clearing cycle — The process by which a payment made by cheque, etc., through the banking system is transferred from the payer s to the payee s account. Historically, in the UK the average time for the clearing cycle to be completed was three days, although by… … Accounting dictionary
clearing cycle — The process by which a payment made by cheque, etc. , through the banking system is transferred from the payer s to the payee s account. Historically, in the UK the average time for the clearing cycle to be completed was three days, although by… … Big dictionary of business and management
clearing — / klɪərɪŋ/ noun 1. ♦ clearing of goods through customs passing of goods through customs 2. an act of passing of a cheque through the banking system, transferring money from one account to another … Dictionary of banking and finance
Clearing House Automated Payments System - CHAPS — A British company that facilitates the trading of European currency. CHAPS provides same day fund transfers for the sterling and the euro. CHAPS transfers are used when money needs to be moved from one account to another. CHAPS transfers are… … Investment dictionary
Nostro and Vostro Account — Nostro and Vostro (Middle Italian, from Latin, noster and voster ; English, ours and yours ) are accounting terms used to distinguish an account you hold for another entity from an account another entity holds for you. The entities in question… … Wikipedia
Computer reservations system — A computer reservations system (or central reservation system)[1] (CRS) is a computerized system used to store and retrieve information and conduct transactions related to air travel. Originally designed and operated by airlines, CRSes were later … Wikipedia
pivot account — Account opened in the name of the system paying agent and used as intermediary account between the system paying agent s account and the accounts of the entitled holders during the processing of the corporate action. Euroclear Clearing and… … Financial and business terms
