The third step in processing a credit card. After the acquirer receives the batch, it sends it through the card network, where each sale is routed to the appropriate issuing bank. The issuing bank then subtracts its interchange fees, which are shared with the card network, and transfers the remaining amount through the network back to the acquirer.

late 14c., "action of making clear," verbal noun from clear (v.). Meaning "land cleared of wood" is from 1818, American English.

The process of transmitting, reconciling and, in some cases, confirming transfer orders prior to settlement, potentially including the netting of orders and the establishment of final positions for se [..]

When students get their A level results and don't get the grades required by their chosen universities, they can go through Clearing. This is the system operated by UCAS to allocate places on courses that still have vacancies after the publication of the A level results. 

The process of matching trades, settling trades and provision of a guarantee for traded contracts, often a service performed by exchanges

A sequence of events used to disconnect a call and return to the ready state. 2. Removal of data from an information system (IS), its storage devices, and other peripheral devices with storage capacity, in such a way that the data may not be reconstructed using common system capabilities (i.e., keyboard strokes); however, the data may be reconstruc [..]

Definitions (2) 1. The collection of funds which a check is drawn on, and the payment of those funds to the bearer.

The settlement of a transaction, often involving exchange of payments and/or documentation.

The exchange of data between the Acquirer and Issuer. This data is then posted to the cardholder account and reconciliation takes place.

The collection and delivery to the issuer of a completed transaction record from an acquirer.

The procedure through which the clearing house or association becomes the buyer to each seller of a futures contract, and the seller to each buyer, and assumes responsibility for protecting buyers and [..]

The process of moving money from one bank account to another. This can take a number of days. The money is unavailable until the funds have cleared.

The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settle [..]

(n) a tract of land with few or no trees in the middle of a wooded area(n) the act of freeing from suspicion(n) the act of removing solid particles from a liquid

A system operated by UCAS which allows students to identify and apply to places on courses that still have vacancies, after the publication of A level and other equivalent results.

Operated by UCAS, this is the central system that allows students who don’t yet have a place at a UK higher education institution to apply to those that still have vacancies – students can apply betwe [..]

in an undergraduate application, Clearing is another service you can use to look for alternative courses. If you didn’t get a place on a course – whether you didn’t receive offers, declined your offer [..]

Removal of windfall trees, uproots, leaning trees, loose limbs, wood chunks, etc. from both the vertical and horizontal trail corridor.

the mechanism for making transactions happen: matching the buyer and seller, making sure the buyer has the cash and the seller has the securities.

Cutting, killing, grubbing or removing vegetation or other organic plant material by physical, mechanical, chemical or any other similar means. For the purpose of this definition of clearing, cutting means the severing of the main trunk or stem of woody vegetation at any point.

Before a sum of money is transferred through the payment system, the sending bank transmits a transaction report to the receiving bank via a central counterparty. In a process known as clearing, trans [..]

The settlement of a transaction, often involving exchange of payments and/or documentation.

This is the place we all go to in the end, though each of us arrives there by a different route. The clearing at the end of the path is death—the snip at the end of the life-cord.

The process of exchanging financial details between an acquir er and an issuer to facilitate posting of a Cardholder's account and reconciliation of a customer's settlement position.

The process of exchanging cheques to establish final positions for settlement among the drawee banks.

A method of hair removal in which all hair in an area is removed at once, as opposed to thinning.

The process a check goes through to validate and transfer funds between banks. An electronic check will clear in the same manner as a paper check.

A sequence of events used to disconnect a call and return to the ready state.

A method of hair removal in which all hair in an area is removed at once, as opposed to thinning.

The transfer of data between Issuers and Acquirers.

The facilitation of funds transfer between institutions.

The process of exchanging financial transaction details between an acquirer and an issuer to facilitate posting of a cardholder's account and reconciliation of a customer's settlement positi [..]

Describes the settlement of payments in the form of debits or credits of the payment amount. Here, the sales data is electronically exchanged between acquirer and issuer.

Clearing is the process of exchanging financial transaction details between an acquirer and an issuer to facilitate posting of a card- holder’s account and reconciliation of a customer’s settlement position.

This refers to all activities pertaining to an equity security in the trading system, from the moment a commitment is made regarding a transaction to the moment when it is settled.

clear|lang=en|nocat=1