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Universities Central Council on Admissions (UCCA) provided a clearing house for university applications in the United Kingdom from its formation in 1961 until its merger with PCAS (Polytechnics Central Admissions System) to form UCAS in 1993.
UCAS Progress also helps schools, colleges and local authorities address recruitment issues and statutory obligations resulting from raising the age of participation in secondary education; an initiative that legally obliges students to remain in full-time education or work-based training until the end of the academic year that they turn 17.
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An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits .
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A central clearing counterparty (CCP), also referred to as a central counterparty, is a financial market infrastructure organization that takes on counterparty credit risk between parties to a transaction and provides clearing and settlement services for trades in foreign exchange, securities, options, and derivative contracts. CCPs are highly ...
A uniform price auction otherwise known as a "clearing price auction", pay-as-clear [1] or marginal price auction, "marginal price system" (MPS), [2] is a multiunit auction in which a fixed number of identical units of a homogenous commodity are sold for the same price. Each bidder in the auction may submit (possibly multiple) bids, designating ...