Meaning of CLEARING in English

CLEARING

/klear"ing/ , n.

1. the act of a person or thing that clears; the process of becoming clear.

2. a tract of land, as in a forest, that contains no trees or bushes.

3. the reciprocal exchange between banks of checks and drafts, and the settlement of the differences.

4. clearings , the total of claims settled at a clearinghouse.

[ 1350-1400; ME clering. See CLEAR, -ING 1 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .