An EXCHANGE member that is permitted to clear trades directly with the CLEARINGHOUSE , and which can accept trades for other clearing members and NONCLEARING MEMBERS. CLEARINGHOUSE (1) In the […]

System based on due process, serving as a tool and mechanism to settle obligations among group members, like banks.

This up to the presiding judge who will removal all onlookers and any guests from the courtroom during proceedings .

An institution organized by the banks of a city, where their messengers may meet daily, adjust balances of accounts, and receive and pay differences. Crane v. Bank, 173 Pa. 500, […]

1. In Banking, it is a bank-operated affiliated agency or facility within a geographical area. It acts as a central site for collecting, exchanging, and settling of checks drawn on […]

An automated CLEARINGHOUSE system in the United Kingdom that is used for largevalue, sameday sterling transfers related to DRAFTS and payments. See also BANKERS

A private sector , fully automated CLEARINGHOUSE system in the United States that is used for dollarbased checks and fund transfers, as well as payments associated with securities transactions and […]

Governor’s or president’s power to pardon a person convicted of a criminal offense or to commute the related sentence. A specially appointed committee is accountable for recommendations.

In canon law. The collection of decretals or constitutions of Pope Clement V., made by order of John XXII., his successor, who published it in 1317. CLEMENT’S INN. An inn […]

In old Scotch law . To clear or acquit of a criminal charge . Literally, to cleanse or clean.

In old Scotch practice. A solemn form of words prescribed by law, and used in criminal cases, as in pleas of wrong and unlaw.

The whole body of clergymen or ministers of religion. Also an abbreviation for ” benefit of clergy .” See BENEFIT.

In old English law . Admitting of clergy, or benefit of clergy . A CLERICAL 208 CLERK clergyable felony was one of that class in which clergy was allowable. 4 […]

Pertaining to clergymen; or pertaining to the office or labor of a clerk.

A mistake in writing Or copying; the mistake of a clerk or writer. 1 Ixl. Raym. 183

The having the head shaven, which was formerly peculiar to clerks, or persons in orders, and which the coifs worn by serjeants at law are supposed to have been introduced […]

In old English law . The clerical privilege; the privilege or benefit of clergy

Clerks of the chancery. Clerici non ponantur in officiis. Co. Litt. 00. Clergymen should not be placed in offices; i. e., in secular offices. See Lofft, 508

The six clerks in chancery. 2 Reeve, Eng. Law, 251

See ADMITTENDO CLEBICO

A writ for the delivery of a clerk out of prison, who was taken aud incarcerated upon the breach of a statute merchant. Reg. Orig. 147.

An ancient writ, that lay for the delivery to his ordinary of a clerk convicted of felony, where the ordinary did not challenge him according to the privilege of clerks. […]

A writ directed to those who had thrust a bailiwick or other office upon one in holy orders , charging them to release him. Reg. Orig. 143.

In Roman law. A minister of religion in the Christian church; an ecclesiastic or priest. Cod. 1, 3; Nov. 3, 123, 137. A general term, including bishops, priests, deacons, and […]

In old English law . Clerk of the market . 2 Inst. 543.