Financial Dictionary

This dictionary contains:
24549
financial terms

Check clearing




Check clearing

The movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts.

RELATED TERMS
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Check
A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party.

Credit
Money loaned.

Debit
An expense, or money paid out from an account. A debit transaction is one which the net cost is greater than the net sale proceeds.



SIMILAR TERMS
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Check
A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party.

Check Point Software
Check Point Software is a top Israeli corporation in the field of software and services, and its estimated market value is 5,520 million US dollars.

Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. is one of the largest American companies in the IT industry. Its NASDAQ code is CHKP.

Checking the market
Searching for bid and offer prices from market makers to find the best deal.

Checkwriting
Free check writing privileges offered with nonretirement accounts for select mutual funds.



PREVIOUS AND NEXT TERMS
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Chartists
A technical analyst who charts the patterns of stocks, bonds, and commodities to find trends in patterns of trading used to advise clients.

Chasing the market
Purchasing a security at a higher price than expected because prices are rapidly climbing, or selling a security at a lower level when prices are quickly falling.

Chastity bonds
Bonds redeemable at par value in the case of a takeover.

Chattel mortgage
A loan agreement that grants to the lender a lien on property other than real estate.

Check
A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party.

Check clearing

Checking the market
Searching for bid and offer prices from market makers to find the best deal.

Checkwriting
Free check writing privileges offered with nonretirement accounts for select mutual funds.

Chicago Board of Trade (CBOT)
The second largest futures exchange in the US, and a pioneer in the development of financial futures and options.

Chicago Board Options Exchange (CBOE)
A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place for the trading of stock options, foreign currency options, and index options.

Chinese Wall
Communication barrier between financiers at a firm (investment bankers) and traders. This barrier is erected to prevent the sharing of inside information that bankers are likely to have.

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This dictionary contains 24549 terms.







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