CLEARING
- Anna K.
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Clearing is the procedure according to which financial trades are settled. It is the correct and timely transfer of funds to the seller and securities to the buyer.
Clearing is the procedure according to which financial trades are settled. It is the correct and timely transfer of funds to the seller and securities to the buyer.
A poverty trap is making it very difficult to escape poverty. It is created when an economic system requires a significant amount of capital to escape poverty.