TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SECURITIES CLEARING [1 record]

Record 1 1986-01-22

English

Subject field(s)
  • Banking
  • Stock Exchange
DEF

system used to rationalize and simplify the trading of securities in that the securities are no longer physically delivered by one bank to another but are settled and balanced against each other through a bookkeeping arrangement via a clearing center.

French

Domaine(s)
  • Banque
  • Bourse
DEF

Système de compensation assuré par des offices centraux. La compensation des transactions en bourse entre les banques et autres agents de change est effectuée par des offices de clearing.

Spanish

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