London Passenger Transport Board — The London Passenger Transport Board (LPTB), commonly known as London Transport, was the organisation responsible for transport in London, UK, and its environs from 1933 to 1948.It was set up by the London Passenger Transport Act 1933 enacted on… … Wikipedia
clearing bank — A bank which is a member of the London Clearing House • • • Main Entry: ↑bank clearing bank noun A bank that is a member of the London Bankers Clearing House, through which it makes credit and cheque transfers to and from other banks • • • Main… … Useful english dictionary
clearing bank — clearing banks N COUNT The clearing banks are the main banks in Britain. Clearing banks use the central clearing house in London to deal with other banks … English dictionary
clearing bank — a bank that is a member of the Committee of London and Scottish Clearing Bankers. Collins dictionary of law. W. J. Stewart. 2001. clearing bank … Law dictionary
London Inter-Bank Offered Rate — noun The rate of interest at which the major clearing banks lend money amongst themselves (abbrev LIBOR) • • • Main Entry: ↑Londoner … Useful english dictionary
Clearing house (finance) — A clearing house is a financial institution that provides clearing and settlement services for financial and commodities derivatives and securities transactions. These transactions may be executed on a futures exchange or securities exchange, as… … Wikipedia
clearing house — A centralized and computerized system for settling indebtedness between members. The best known in the UK is the Association for Payment Clearing Services (APACS), which enables the member banks to offset claims against one another for cheques… … Big dictionary of business and management
London Bankers' Clearing House — Formerly, the organization that daily set off all cheques drawn for and against the clearing banks in the UK. It was established in Lombard Street, in the City of London, in the 1770s. In 1985 it was superseded by the Association for Payment… … Big dictionary of business and management
London Interbank Offered Rate — ( LIBOR) The rate the highest quality banks pay for Eurodollar deposits. There is a different LIBOR for each deposit maturity. LIBOR is commonly used as an index that represents short term rates. American Banker Glossary LIBOR A short term… … Financial and business terms
Clearing the Channel Coast — Part of Siegfried Line Campaign … Wikipedia
