funds are cleared

USAGE SUMMARY

The phrase "funds are cleared" is correct and usable in written English.
It can be used in financial contexts to indicate that a transaction has been completed and the money is available for use. Example: "Once the funds are cleared, we can proceed with the purchase of the new equipment."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

In the MFS directive, which was issued to brokers that sold the company's funds in early 2001, five of the company's biggest mutual funds were cleared to accept short-term trades, "even if a pattern of excessive trading has been detected," according to the document.

The New York Times

The managing director of the I.M.F., Horst Köhler, said in a statement that once Argentina's arrears to the fund were cleared, he would "recommend to the I.M.F.

The New York Times

An obstacle to establishing the fund was cleared on Monday night when ministers found a way to ease concerns in Finland, one of the contributing nations, that it would not incur additional liabilities without prior consent.

The New York Times

Horst Kohler, whose way to become the managing director of the monetary fund was cleared when American and Japanese rivals for the post dropped out on Thursday, said he was committed to a dialogue with the United States Congress.

The New York Times

Some funds are clearer about what they do.

The New York Times

The advantage of such funds is clear: investment minimums as low as $5,000, compared with typical hedge fund minimums of $500,000 or more.

The New York Times

"That something must be done about hedge funds is clear," he said in an interview, "but it is too early to say what.

The New York Times

The source of the funds is clear too.

Forbes

Ask them where you were unclear and whether they think that the need for external funds is clear and compelling.

CBE Life Sciences Education

In the years it can take for the funds to be cleared many victims of miscarriages of justice live off social security payments.

Wikipedia

There will be no further steps taken until the election outcome is known and the position on future funding is clear.

The Guardian

Expert writing Tips

Best practice

Use "funds are cleared" when you want to clearly state that the money is now available for use after a necessary processing period. Be specific about the timeframe if relevant, such as "funds are cleared within 24 hours".

Common error

Avoid assuming immediate availability. The phrase "funds are cleared" implies a process has been completed, but the exact duration can vary. Confirm processing times to avoid premature spending or commitments.

Linguistic Context

The phrase "funds are cleared" functions as a statement confirming the completion of a financial transaction, indicating that the funds are now accessible. Ludwig AI confirms its grammatical correctness.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Academia

0%

Wiki

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, the phrase "funds are cleared" is a grammatically correct and usable expression in English, primarily used to indicate the completion of a financial transaction, making funds available for use. Ludwig AI underscores this point. While relatively rare, it's suitable for neutral contexts like news, business, and even some informal discussions. Alternatives such as "funds are available" or "funds are released" can be used depending on the specific nuance desired. When using this phrase, remember to clarify processing times to avoid misunderstandings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

funds are released

Stresses the action of making the funds available.

funds are available

Focuses on the accessibility of the funds.

funds are accessible

Highlights the ease of accessing the funds.

funds have been authorized

Emphasizes the approval aspect of the funds.

funds are settled

Highlights the finalization of the transaction.

funds have been transferred

Indicates the movement of funds from one account to another.

funds are processed

Focuses on the completion of the processing stage for the funds.

funds are validated

Emphasizes the verification and confirmation of the funds.

funds are in good order

Indicates that the funds meet the required standards and are ready for use.

funds are ready for disbursement

Highlights that the funds are prepared to be distributed or paid out.

FAQs

What does it mean when someone says "funds are cleared"?

When someone says "funds are cleared", it means that the money has been processed by the bank or financial institution and is now available for use or withdrawal. It indicates the completion of a transfer or deposit.

What's the difference between "funds are cleared" and "funds are available"?

"Funds are cleared" specifically indicates that the processing period is over and the money is ready. "Funds are available" is a broader statement that simply means the money can be used, without necessarily implying a prior processing stage.

How long does it typically take for "funds to be cleared"?

The time it takes for funds to clear depends on the transaction type, the bank, and the country. It can range from a few hours to several business days. Check with your financial institution for specific timeframes.

What can I say instead of "funds are cleared"?

Alternatives include "funds are available", "funds are released", or "the transaction has been processed depending on the context.