Glossary entry

Norwegian term or phrase:

masseavregning

English translation:

retail clearing

Added to glossary by CanAng
Aug 2, 2004 08:56
19 yrs ago
Norwegian term

masseavregning

Norwegian to English Bus/Financial Finance (general)
"De enkelte transaksjonene vil bli sendt i en filoverføring og inngå i en masseavregning."

Proposed translations

52 mins
Selected

retail clearing

(Aagenæs, N-E Økonomisk Ordbok)
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4 KudoZ points awarded for this answer.
+1
43 mins

bulk settlement

:o)
Peer comment(s):

agree KirstyMacC (X)
7 hrs
Thank you very much!
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7 hrs

Clearinghouse settlement sheet

I hen hold til Encyclopedia of Banking and Finance 9th Edition, side 186:
Clearinghouse settlement sheet: A sheet prepared by each member of a clearinghouse association showing the amount of checks that it holds against each other bank of the association, and which will be presented for collection at the next clearing. The total of this sheet, i.e., the aggregate of claims against other members, represents the bank's credit balance at the clearinghouse.
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