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cleavage
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clearing member
clear·ing mem·ber (plural clear·ing mem·bers)


noun 
Definition:
 
exchange member who oversees financial commitments: a member of an exchange who is responsible for the financial transactions of customers who deal through the exchange
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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