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Financial Terms | |
Joint clearing members |
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Definition of Joint clearing membersJoint clearing membersFirms that clear on more than one exchange.
Related Terms:Automated Clearing House (ACH)A collection of 32 regional electronic interbank networks used to Automated Clearing House (ACH)A banking clearinghouse that processes direct Clearing House Automated Payments System (CHAPS)A computerized clearing system for sterling funds Clearing house / ClearinghouseAn adjunct to a futures exchange through which transactions executed its floor are settled by a Clearing House Interbank Payments System (CHIPS)An international wire transfer system for high-value Clearing memberA member firm of a clearing house. Each clearing member must also be a member of the Joint accountAn agreement between two or more firms to share risk and financing responsibility in ![]() joint costthe total of all costs (direct material, direct labor, Joint costThe cost of a production process that creates more than one product at the Joint Policy LifeOne insurance policy that covers two lives, and generally provides for payment at the time of the first insured's death. It could also be structured to pay on second death basis for estate planning purposes. joint processa manufacturing process that simultaneously Joint productA product that has the highest sales value from among a group of products Market clearingTotal demand for loans by borrowers equals total supply of loans from lenders. The market, Membershipor a seat on the exchange A limited number of exchange positions that enable the holder to Mortgage-Backed Securities Clearing CorporationA wholly owned subsidiary of the Midwest Stock Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |