Out Trade

Business, Legal & Accounting Glossary

Definition: Out Trade


Out Trade


Full Definition of Out Trade


A trade where the parties on opposite sides of the transaction have not submitted the same data and which cannot go through the clearing house of the exchange. When clearing houses encounter an out trade, they first give the parties involved a chance to reach an agreement on their own, and if this is not possible to do, the dispute settlement procedure of the exchange is implemented.


Cite Term


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https://payrollheaven.com/define/out-trade/
Modern Language Association (MLA):
Out Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
November 13, 2024 https://payrollheaven.com/define/out-trade/.
Chicago Manual of Style (CMS):
Out Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/out-trade/ (accessed: November 13, 2024).
American Psychological Association (APA):
Out Trade. PayrollHeaven.com. Retrieved November 13, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/out-trade/

Definition Sources


Definitions for Out Trade 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: 16th November, 2021 | 0 Views.