Clearing meaning

klîr'ĭng
The act or process of making or becoming clear.
noun
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Moving checks from the bank where they were deposited to the bank on which they were drawn. This gives a credit to the bank where funds are deposited and a corresponding debit to the account of the paying institution. The Federal Reserve operates a nationwide check-clearing system. Clearing also is used to signify matching buyers and sellers in stock, futures, and options transactions.
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Present participle of clear.
verb
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The act or process of making or becoming clear.
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An area of land within a wood or forest devoid of trees.
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An open space in the fog etc.
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(banking, finance) A process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions.
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(telecommunications) A sequence of events used to disconnect a call, and return to the ready state.
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(UK) The period in which remaining university places are allocated to remaining students.
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(soccer) The act of removing the ball from one's own goal area by kicking it.
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A tract of land within a wood or other overgrown area from which trees and other obstructions have been removed.
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The exchange of checks, drafts, and notes and the settlement of consequent differences, especially among banks.
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A making clear or being cleared.
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An area of land cleared of trees.
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