Clearing Firm

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Clearing Firm

Definition: Clearing Firm

Clearing Firm
Cite Term
Sources

Full Definition of Clearing Firm

An organization which works with the exchanges to handle confirmation, delivery and settlement of transactions. Such corporations play a key role in ensuring that executed trades are settled within a specified period of time and in an efficient manner. also called clearing corporation or clearing house.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/clearing-firm/
Modern Language Association (MLA):
Clearing Firm. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/clearing-firm/.
Chicago Manual of Style (CMS):
Clearing Firm. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/clearing-firm/ (accessed: April 23, 2024).
American Psychological Association (APA):
Clearing Firm. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/clearing-firm/

Definition Sources

Definitions for Clearing Firm are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.