processing

What is processing?

processing definition and meaning on Finance terms:
The performance of all of the actions required in accordance with the rules of a system for the handling of a transfer order from the point of acceptance by the system to the point of discharge from the system. Processing may include clearing, sorting, netting, matching and/or settlement. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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