clear
Definition
The process by which a check or a bank draft is authorized and confirmed for the transfer of funds from one account to another.
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Related terms:
cancelled check, cleared date
'clear' appears in these other terms:
clearing, Clearing House Automated Payment System, International Commodities Clearing House, Clearstream, Stock Clearing Corporation, clearinghouse, clearing member, cleared funds, clearinghouse funds, Clearing House Interbank Payments System and 
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