clearing agreement

clearing agreement. A contract whose purpose is to facilitate the collective settlement of monetary claims be-tween creditors and debtors in different currency areas, without resort to foreign-exchange reserves.

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词条贡献者

法律翻译Kelly，毕业于美国顶尖的高级翻译学院，专注翻译各类与消费者产品责任纠纷有关的法律文件。