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clearing bank

Meaning of "clearing bank" in the English dictionary

DICTIONARY

PRONUNCIATION OF CLEARING BANK

clearing bank


GRAMMATICAL CATEGORY OF CLEARING BANK

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Clearing bank is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES CLEARING BANK MEAN IN ENGLISH?

Clearing (finance)

In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing of payments is necessary to turn the promise of payment into actual movement of money from one bank to another. In trading, clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying transaction. It involves the management of post-trading, pre-settlement credit exposures to ensure that trades are settled in accordance with market rules, even if a buyer or seller should become insolvent prior to settlement. Processes included in clearing are reporting/monitoring, risk margining, netting of trades to single positions, tax handling, and failure handling. Systemically Important Payment Systems are payment systems which have the characteristic that a failure of these systems could potentially endanger the operation of the whole economy. In general, these are the major payment clearing or Real Time Gross Settlement systems of individual countries, but in the case of Europe, there are certain pan-European payment systems.

Definition of clearing bank in the English dictionary

The definition of clearing bank in the dictionary is any bank that makes use of the central clearing house in London for the transfer of credits and cheques between banks.

WORDS THAT BEGIN LIKE CLEARING BANK

clearable · clearage · clearance · clearance certificate · clearance sale · Clearances · clearcole · clearcutting · clearer · clearing · clearing house · clearing sale · clearly · clearness · clearstoried · clearstories · clearstory · clearway · clearweed · clearwing

WORDS THAT END LIKE CLEARING BANK

angle of bank · bad bank · bank · blood bank · break the bank · central bank · chartered bank · commercial bank · data bank · development bank · fog bank · investment bank · land bank · laugh all the way to the bank · memory bank · national bank · piggy bank · reserve bank · river bank · savings bank · state bank

Synonyms and antonyms of clearing bank in the English dictionary of synonyms

SYNONYMS

Translation of «clearing bank» into 25 languages

TRANSLATOR

TRANSLATION OF CLEARING BANK

Find out the translation of clearing bank to 25 languages with our English multilingual translator.

The translations of clearing bank from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «clearing bank» in English.
zh

Translator English - Chinese

清算银行
1,325 millions of speakers
es

Translator English - Spanish

banco de Compensación
570 millions of speakers
en

English

clearing bank
510 millions of speakers
hi

Translator English - Hindi

समाशोधन बैंक
380 millions of speakers
ar

Translator English - Arabic

بنك المقاصة
280 millions of speakers
ru

Translator English - Russian

расчетный банк
278 millions of speakers
pt

Translator English - Portuguese

banco de compensação
270 millions of speakers
bn

Translator English - Bengali

ক্লিয়ারিং ব্যাংক
260 millions of speakers
fr

Translator English - French

banque de compensation
220 millions of speakers
ms

Translator English - Malay

Membersihkan bank
190 millions of speakers
de

Translator English - German

Clearingbank
180 millions of speakers
ja

Translator English - Japanese

クリアリングバンク
130 millions of speakers
ko

Translator English - Korean

취소 은행
85 millions of speakers
jv

Translator English - Javanese

Mbusak bank
85 millions of speakers
vi

Translator English - Vietnamese

hối nghiệp ngân hàng
80 millions of speakers
ta

Translator English - Tamil

வங்கியின் தீர்வு
75 millions of speakers
mr

Translator English - Marathi

क्लिअरिंग बँक
75 millions of speakers
tr

Translator English - Turkish

Takas bankası
70 millions of speakers
it

Translator English - Italian

clearing bank
65 millions of speakers
pl

Translator English - Polish

Bank Rozliczeniowy
50 millions of speakers
uk

Translator English - Ukrainian

розрахунковий банк
40 millions of speakers
ro

Translator English - Romanian

bancă de compensare
30 millions of speakers
el

Translator English - Greek

εκκαθάριση τραπεζών
15 millions of speakers
af

Translator English - Afrikaans

skoonmaak bank
14 millions of speakers
sv

Translator English - Swedish

clearingbank
10 millions of speakers
no

Translator English - Norwegian

clearing bank
5 millions of speakers

Trends of use of clearing bank

TRENDS

TENDENCIES OF USE OF THE TERM «CLEARING BANK»

Principal search tendencies and common uses of clearing bank
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «clearing bank».

Examples of use in the English literature, quotes and news about clearing bank

EXAMPLES

10 ENGLISH BOOKS RELATING TO «CLEARING BANK»

Discover the use of clearing bank in the following bibliographical selection. Books relating to clearing bank and brief extracts from same to provide context of its use in English literature.
1
The Bankers' Magazine
LECTURE II. THE ECONOMIC BANK CASE. POSITION OF THE CLEARING BANK. In resuming the consideration of the Economic Bank case in connection with the protection of the non-clearing bank being imperilled by its employment of a ...
2
Banks and Banking: The Bank Act, Canada, and Amending Acts, ...
the clearing bank, and for payment out of the balances due the creditor banks, shall be fixed by by-law under clause 17. On completion of the exchanges, the balances due to or by each bank shall be settled and declared by the Clearing ...
John James MacLaren, Byron Edmund Walker, 1901
3
Journal of the Canadian Bankers' Association
In the event of any bank failing to pay the balance “ against it at the proper hour, such bank shall be ruled out by “ default and notice thereof in writing given by the Manager “or Cashier of the clearing bank to the other banks. The “ amount of ...
Canadian Bankers' Association, 1902
4
Playing with Monetary Fire
A bank (or, at any rate, 'a clearing bank') holds deposits in cash (i.e., legal-tender base money, mostly notes nowadays) from non- banks. Its specific expertise enables it to repay deposits in notes and to make payments for depositors where  ...
Tim Congdon, Dan Lewis, 2007
5
International Capital Markets: Developments, Prospects, and ...
The collapse of Barings Pic at the end of February 1995 illustrates how easily a failure of one institution can cause problems for others, potentially frustrating settlement within a payments system. On Friday. February 24, a clearing bank for  ...
Takatoshi Itō, David Fokke Ihno Folkerts-Landau, 1996
6
The Law & Practice of Offshore Banking & Finance
of funds takes place when the clearing bank of the debtor bank, P Bank, upon being presented with the check, effects a transfer of funds from its account with the central bank, into the account of the clearing bank of the collecting bank, O Bank, ...
Edmund M. A. Kwaw, 1996
7
Protecting Foreign Investment: Implications of a WTO Regime ...
ITEM 9 — CLEARING BANK In pursuence of Byalew 1 1 of Part B of Chepter VI of Byalaws and Chepter 7 of the Regulations, the provisions ralating to clearing benk eppointed by Clearing Corporation, are specified as under: 9.1 Designated  ...
Carlos María Correa, Nagesh Kumar, 2003
8
International Finance
The Hong Kong bank sends the payment instruction, including the identification of the clearing bank where its non-clearing UK customer holds its account, LU via SWIFT or some other mutually acceptable medium, to the UK clearing bank ...
Ephraim Clark, 2002
9
Set-off and Netting, Derivatives, Clearing Systems
On the same day bank D—which was a clearing bank—then settled with sub- agent bank SA through the clearing, ie bank SA's account with the Bank of England was credited with the cheque and bank D's account debited and bank SA ...
Philip R. Wood, 2007
10
studies in financial organization
5 The cheques drawn on these banks and cleared through a clearing bank are presented to those banks through the Walks Department of the clearing bank. Final settlement is made either by a cheque drawn on the clearing bank or on the  ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «CLEARING BANK»

Find out what the national and international press are talking about and how the term clearing bank is used in the context of the following news items.
1
Yuan internationalisation will benefit Australians
In February, a yuan clearing bank was appointed for Australia and a 50 billion yuan investment quota, under the Renminbi Qualified Foreign ... «The Australian, Jul 15»
2
Profile: Lend me your ear
He continues: “We see the insurance sector as an attractive market because we have a UK wide clearing bank presence. So therefore we can do everything that ... «Insurance Age, Jul 15»
3
Li Keqiang Delivers Speech at China-EU Business Summit …
... give play to the role of RMB clearing bank, perfect RQFII system, and make financial cooperation the strong bond of interest convergence of ... «MFA China, Jul 15»
4
CNH Tracker-Funds urge easier China access for inclusion to global …
China has appointed state-owned Bank of China as the yuan clearing bank in Hungary, the People's Bank of China said in a statement ... «Reuters, Jul 15»
5
Sydney moves ahead with yuan trading, with People's Bank of …
The city was granted a clearing bank facility in February and a 50 billion yuan (HK$63 billion) investment quota under the RQFII (Renminbi ... «South China Morning Post, Jun 15»
6
Banks and Bitcoin exchanges
Whether a bitcoin exchange could constitute a clearing bank or other type of bank depends on several factors, but it is ultimately unlikely. «Lexology, Jun 15»
7
New Chair Of Edinburgh International Book Festival Board Announced
... Susan Rice was the first woman to head a UK clearing bank in 2000, and became the first woman to be appointed President of SCDI in 2012. «Booktrade.info, Jun 15»
8
MNB inks pact with Bank of China on clearing RMB
A RMB clearing bank will be designated in Hungary at a later date by the PBC, it added. By signing the MoU on RMB clearing arrangements, ... «Budapest Business Journal, Jun 15»
9
GCF repo settlement reform to extend into 2016
“The settlement process for the majority of GCF repo trades that occur between dealers at the same clearing bank is largely aligned with the ... «securities lending times, Jun 15»
10
China Construction Bank, Euroclear in RMB product development deal
CCB is also a designated RMB clearing bank in the United Kingdom and Chile. In March 2015, Europe's first RMB RQFII money market ETF ... «The Asset, Jun 15»
REFERENCE
« EDUCALINGO. Clearing bank [online]. Available <https://educalingo.com/en/dic-en/clearing-bank>. Apr 2024 ».
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