In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate such transactions among banks.

Property Value
dbo:abstract
  • In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate such transactions among banks. (en)
dbo:wikiPageEditLink
dbo:wikiPageExternalLink
dbo:wikiPageExtracted
  • 2019-10-13 12:25:25Z (xsd:date)
dbo:wikiPageHistoryLink
dbo:wikiPageID
  • 1341179 (xsd:integer)
dbo:wikiPageLength
  • 10510 (xsd:integer)
dbo:wikiPageModified
  • 2019-10-13 12:25:15Z (xsd:date)
dbo:wikiPageOutDegree
  • 52 (xsd:integer)
dbo:wikiPageRevisionID
  • 921030281 (xsd:integer)
dbo:wikiPageRevisionLink
dbp:wikiPageUsesTemplate
dct:subject
rdf:type
rdfs:comment
  • In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. This process turns the promise of payment (for example, in the form of a cheque or electronic payment request) into the actual movement of money from one account to another. Clearing houses were formed to facilitate such transactions among banks. (en)
rdfs:label
  • Clearing (finance) (en)
rdfs:seeAlso
owl:sameAs
foaf:isPrimaryTopicOf
is dbo:product of
is dbo:service of
is dbo:wikiPageDisambiguates of
is dbo:wikiPageRedirects of
is rdfs:seeAlso of
is foaf:primaryTopic of