Sentence examples for clearing payments from inspiring English sources
The Fed is, in effect, the Treasury's bank, accepting deposits and clearing payments on a daily basis.
Indian officials were quoted in Indian news media this month as saying that they were clearing payments for Iranian oil through the Bundesbank.
The equilibrium is characterized by the vector of clearing payments and the price of the commonly held illiquid asset that is exposed to price effects.
In the combined equilibrium, the banks' clearing payments p ∗ are given as the fixed point of the function χ, and a clearing price of the illiquid asset q ∗ is found as a fixed point of the inverse demand function f.
E-commerce is a world filled with fragmentation — not only do you have companies specialising in different parts of the process, from point of sale solutions and merchant acquiring to clearing payments and security, and everything in between — but there are dozens of companies out there looking to dominate in one or more of those areas.
Further complicating matters, a U.S. law prohibiting any foreign bank from clearing payment for Iranian crude will take effect on June 28.
For a given clearing price q ∗, the clearing payment vector p ∗ satisfies the relation p^=chi(p^,q^).
The Investment Servicing line of business performs core custody and related value-added functions, such as providing institutional investors with clearing, payment and settlement services.
The existence of a price-payment equilibrium consisting of a clearing payment vector and a clearing price of the illiquid asset is demonstrated in the section "Existence of equilibria and an algorithm for their computation".
In the new mechanism, the social welfare contribution of each participant plays a pivotal role, because this contribution is the critical factor in market clearing, payment settling, and transaction matching rules.
Their seminal paper models interbank contagion within a network of nominal liabilities and proves the existence and uniqueness of a clearing payment vector that endogenously captures losses given default.
