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Everything has a clearing price.
The clearing price would be the highest tax that companies were willing to pay.
The clearing price for an allowance after the most recent auction was $1.93.
The banks, in their desperation to monetize these encumbrances, had found a clearing price.
Ministers, supported by their advisers, insisted that 330p was the correct clearing price for 600m shares.
"This uncertainty presented the market clearing price for the credit default swaps," he said.
Similar(5)
Normally, they have to cross somewhere, and then, there's a market-clearing price.
Yet new issues were routinely priced far below the market-clearing price.
"State-controlled prices — prices that are set below market-clearing price — always result in shortages.
"State-controlled prices – prices that are set below market-clearing price – always result in shortages.
The waiting list has been eliminated.But with free international trade, what would prove to be a market-clearing price?
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