Technology / Cell Phones / Competitive Local Exchange Carrier (CLEC): Any telephone company that offers service in a specific area. Now that the industry has been deregulated, several companies may offer service in a single area. New ones entering a market are Competitive Local Exchange Carriers. The original telephone company at the time of deregulation is known as the Incumbent Local Exchange Carrier (See also ILEC).
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Carrier Noun Synonyms: bearer, porter, transporter, drayman, shipper, haulier or hauler, carter
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Exchange Adjective Synonyms: trade, barter, switch, change, interchange, reciprocate, return, swap or swop
Exchange Verb Synonyms: market, stock market, Stock Exchange, securities exchange, the Market, the Board, the Big Board, the Exchange, the Bourse, Wall Street, the Street
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Local Verb Synonyms: provincial, regional, district, state, county, shire, municipal, city, town, village, neighborhood, restricted, limited, specific, particular, peculiar
Local Noun Synonyms: neighborhood, neighbouring, nearby, close by, adjoining
Local Adjective Synonyms: resident, native, townsman, townswoman, townsperson
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Business / Finance / Malaysia Commodity Exchange: A subsidiary of the KLSE that trades interest rate futures on the three-month Kuala Lumpur Interbank offered rate. MORE
Business / Finance / Membership Or A Seat On The Exchange: A limited number of exchange positions that enable the holder to trade for the holder's own accounts and charge clients for the execution of trades for their accounts. Related: Member firm. MORE
Business / Finance / Mexican Stock Exchange: The only stock exchange in Mexico. The Indice de Precios y Cotizaciones, or IPC index, consists of the 35 most representative stocks chosen every two months. MORE