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Investing Glossary:
Clear
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| To settle a Trade is settled Out by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not Clear is said to fail. Comparison of the details of a Transaction between broker/dealers prior to settlement; final Exchange of securities for Cash on delivery.
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