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.

---

词条贡献者

译者晓晨，毕业于世界顶级翻译学院，擅长翻译各种与反垄断咨询与合规相关的法律文件。