Amount of Time Off. To qualify for time off through FMLA, employees must be employed for at least 12 months and have worked a minimum of 1,250 hours. The 12 month period does not have to be consecutive, but does need to take place within a seven year period.
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 well as off-exchange in the over-the-counter (OTC) market.
clearing price. Definition. The price assigned to an asset after buyers have completed the bid and ask process. The clearing price represents the highest negotiated price that the buyer is willing to pay and the lowest price that the seller is willing to take. Mentioned in these terms.