Meaning of CLEARING in English

CLEARING

n.1 in senses of CLEAR v.

2 an area in a forest cleared for cultivation.

Phrases and idioms:

clearing bank Brit. a bank which is a member of a clearing-house. clearing-house

1. a bankers' establishment where cheques and bills from member banks are exchanged, so that only the balances need be paid in cash.

2 an agency for collecting and distributing information etc.

Oxford English vocab.      Оксфордский английский словарь.