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| Definition Of: |
matching
In a payment or settlement system, the process used for comparing the trade or settlement details provided by counterparties in order to ensure that they agree on the terms of the transaction. Also called comparison checking.
Copyright © 2006, European Central Bank, Frankfurt am Main, Germany. This information may be obtained free of charge through the ECB's website.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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