Clearing

·noun The act or process of making clear.

II. Clearing ·noun A tract of land cleared of wood for cultivation.

III. Clearing ·p.pr. & ·vb.n. of Clear.

IV. Clearing ·noun The gross amount of the balances adjusted in the clearing house.

V. Clearing ·noun A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts.