Clear A Position: To settle a trade is settled out by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details of a transaction between broker/dealers prior to settlement; final exchange of securities for cash on delivery.

 

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Clear A Position: To settle a trade is settled out by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details . . . View Full Definition

Paraphrase: A brief restatement in one's own words of all or part of a literary or critical work, as opposed to quotation, in which one reproduces all or part of a literary or critical work word-for-wor . . . View Full Definition

Paraphotography: General term for non-silver-halide image forming processes.

Pararhyme: Edmund blunden's term for double consonance, where different vowels appear within identical consonant pairs (a feature of wilfrid owens' verse).