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Encyclopedia > Clearing

In telecommunication, the term clearing has the following meanings:

  • Removal of data from an AIS, its storage devices, and other peripheral devices with storage capacity, in such a way that the data may not be reconstructed using normal system capabilities (i.e., through the keyboard).

Note: An AIS need not be disconnected from any external network before clearing takes place. Clearing enables a product to be reused within, but not outside of, a secure facility. It does not produce a declassified product by itself, but may be the first step in the declassification process.


Source: from Federal Standard 1037C and from MIL-STD-188 and from the National Information Systems Security Glossary


  • Clearing (financial). All activities from the time a trade is made until it is finally settled (see settlement). Some of the activities in clearing are reporting/ monitoring, risk margining, netting of trades to single positions, tax handling, failure handling, ...

  Results from FactBites:
 
Clearing (finance) - Wikipedia, the free encyclopedia (290 words)
In banking and finance, clearing denotes all activities from the time a transaction is made until it is finally settled (see settlement).
Some of the activities in clearing are reporting/monitoring, risk margining, netting of trades to single positions, tax handling, and failure handling.
Clearing generally involves the use of a well capitalised financial institution known as a central counterparty (CCP).
Market clearing - definition of Market clearing in Encyclopedia (588 words)
They attribute what appears to be imperfect clearing to factors like labor unions or government policy, thereby exonerating the clearing mechanism.
That is, there may be path dependence, as when a long depression changes the nature of the "full employment" period that follows.
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 on the job.
  More results at FactBites »


 
 

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