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.
πΊπΈ US Voice:
π¬π§ 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