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.
Definition of clearing. 1 : the act or process of making or becoming clear. 2 : a tract of land cleared of wood and brush.