clearing Hear it!

clearing definition

clear·ing (klir′iŋ)

noun

  1. a making clear or being cleared
  2. ☆ an area of land cleared of trees
  3. Banking
    1. the exchanging of checks, etc. and balancing of accounts between banks
    2. the procedure for doing this
    3. the amount of the balances thus settled

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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