clearing agent

A 'clearing agent' can refer to a person or company involved in customs clearance, a substance used for cleaning, or an intermediary in financial transactions.

πŸ‡ΊπŸ‡Έ US Voice:
πŸ‡¬πŸ‡§ UK Voice:

Definition

C1International Trade

(business, logistics)A person or company responsible for handling customs clearance procedures for goods being imported or exported.

Example

  • The clearing agent ensured that all the necessary documents were submitted for the shipment.

C1Chemistry

(technical, scientific)A substance used to remove or dissolve unwanted materials or impurities from a surface or environment.

Example

  • The lab technician used a clearing agent to clean the microscope slides.

C1Finance

(technical, financial)An intermediary responsible for the settlement of transactions, ensuring the accurate and efficient transfer of funds and securities between parties.

Example

  • The clearing agent facilitated the settlement of the stock trade between the buyer and the seller.

Similar

Terms that have similar or relatively close meanings to "clearing agent":

clearing housetotal clearanceclear outclear awayclearance timeland clearer