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The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction. Noun In English railway management, the act of distributing among the different companies the proceeds of the through traffic passing over several railways. The necessary calculations are made in the railway clearing-house in London. A vast treasure of Urdu words offering a blissful explorative experience through a gallery of meanings, sounds, idioms and proverbs with poetic demonstrations.
Sense of “to remove out of the way” is from 1670s; that of “to clear land of trees and underbrush” is from 1690s. Meaning “get approval for (a proposal, etc.) from authority” is from 1944; meaning “establish as suitable for national security work” is from 1948. Noun The exchange of checks, drafts, and notes and the settlement of consequent differences, especially among banks. By regularly monitoring one’s cleared balance, a person can stay on top of their finances and keep track of their available funds without having to worry about not having enough money. Having adequate funds in a person’s cleared balance allows them to keep up with their financial commitments, such as loan payments and other bills. It takes typically 2 days for a check deposit to clear and become available, though this can vary depending on the financial institution.
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To add entries to your own vocabulary, become a member of Reverso community or login if you are already a member. The mayor’s enormous financial advantage played a significant role in clearing the field, but Mr. Thompson, who could have sought a third term as comptroller, chose to challenge Mr. Bloomberg. But thankfully I was able to find some really recent motions to quash, written by people a lot smarter and more lawyerly than me, and that was helpful in clearing some of those citations. Yes | No | Report from jamesti wrote 49 weeks 2 days ago look for the first place that the ice is clearing from the lake and start there. Growth in clearing transactions was saddled by slower business in ICE’s execution services.
- All idioms have been editorially reviewed, and submitted idioms may have been edited for correctness and completeness.
- Meaning “to free from obstructions” is from 1520s; that of “to free from entanglement” is from 1590s; that of “pass without entanglement or collision” is from 1630s.
- Translucent implies the passage of light but not a clear view of what lies beyond.
- A similar mechanism is believed to operate when there is a market surplus , where prices fall until all the excess supply is sold.
- For example, in the theory of “efficiency wages”, a labor market can be in equilibrium above the market-clearing wage since each employer has the incentive to pay wages above market-clearing to motivate their employees.
- Before leaving this topic, there is at least one significant issue that needs to be cleared up.
Once open-access forests are cleared by poor early settlers, cleared land becomes their de-facto private property. If your bid is successful, you must pay 10% of the final price immediately using a cleared cheque or a banker’s draft. He considers himself completely cleared of any wrongdoing after the investigation. Get ready with Test&Train , the online practice tool from Cambridge. Build your confidence with hundreds of exam questions with hints, tips and instant feedback.
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English Language Learners Stack Exchange is a question and answer site for speakers of other languages learning English. A term used to describe checks written by a company that have been received and paid by the bank on which they were drawn or written. The check number and amount will appear on the company’s checking account statement.
- A market-clearing price is the price of a good or service at which the quantity supplied equals the quantity demanded, also called the equilibrium price.
- This article contains general legal information but does not constitute professional legal advice for your particular situation.
- In economics, market clearing is the process by which, in an economic market, the supply of whatever is traded is equated to the demand so that there is no excess supply or demand, ensuring that there is neither a surplus nor a shortage.
- Was the market mechanism not supposed to eliminate such surpluses?
- Meaning “get approval for (a proposal, etc.) from authority” is from 1944; meaning “establish as suitable for national security work” is from 1948.
- To add entries to your own vocabulary, become a member of Reverso community or login if you are already a member.
‘s a list of all the people and things I hate so much I want to hit them in the face with a shovel.” Concept coming from the Marian Keyes novel, The Mystery of Mercy Close . Harold Averkamp has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. This may be because, as liberals, they believe that street-clearing is the job of the government. They’ve got some work to do in clearing out old inventory of two year old street bikes that the dirt guys couldn’t sell before bringing upgraded versions over here marked up at a premium. Some partial clearing is possible by the second half of Friday, but it’s probably breezy and brisk, with highs near 60.
Meaning: If someone is in the clear, they are no longer suspected of or charged with wrongdoing.
This means the funds are readily available and can be used for payment or withdrawal. For 150 years , the most economists took the smooth operation of this market-clearing mechanism as inevitable and inviolable, based mainly on belief in Say’s law. But the Great Depression of the cleared it meaning 1930s caused many economists, including John Maynard Keynes, to doubt their classical faith. If markets were supposed to clear, how could ruinously high unemployment rates persist for so many painful years? Was the market mechanism not supposed to eliminate such surpluses?
How do you use cleared in a sentence?
Cleared Sentence Examples
Someone had carefully cleared the area. Her gaze cleared, and she focused on her surroundings. Nothing's cleared away down there and Vasilich is worn out. She cleared her throat.
No one will be allowed into the city centre until the area is completely cleared. Knowing the exact amount available in an account can be a vital tool for managing finances and staying on top of payments. If you know of an idiom that you would like to be listed here, please use our online form tosuggest an idiom. All idioms have been editorially reviewed, and submitted idioms may have been edited for correctness and completeness. Join Macmillan Dictionary on Twitter and Facebook for daily word facts, quizzes and language news. About Us Learn more about Stack Overflow the company, and our products.
Noun banking, finance A process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions. Noun The gross amount of the balances adjusted in the clearing house. Noun That which is cleared, or is cleared away; specifically, in the plural, the total of the claims to be settled at a clearing-house. Noun A tract of land within a wood or other overgrown area from which trees and other obstructions have been removed.
- There is a great feeling of satisfaction when we are able to hand a cleared minefield back to the people.
- The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship.
- The original was established 1775 in London by the bankers for the adjustment of their mutual claims for checks and bills; later the word was extended to similar institutions.
- When supply and demand are equal, a market clearing takes place.
- A bank account may have several transactions that have not yet been processed by the bank, but these are not reflected in the cleared balance.
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Supply is fixed for a one-time sale of goods, so the market-clearing price is simply the maximum price at which all items can be sold. In a market where goods are produced and sold on an ongoing basis, the theory predicts that the market will move toward a price where the quantity supplied in a broad period of time will equal the quantity demanded. Noun In banking, the mutual exchange between banks of checks and drafts, and the settlement of the differences. Noun A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts.
What does cleared of something mean?
From Longman Dictionary of Contemporary Englishbe clear of somethingbe clear of somethingto not be touching something, or to be past someone or something Wait to cross until the street is clear of cars. The curtains should be a couple of inches clear of the floor.