Clearing
Webster's Dictionary [1]
(1): (n.) The gross amount of the balances adjusted in the clearing house.
(2): (n.) A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts.
(3): (p. pr. & vb. n.) of Clear
(4): (n.) A tract of land cleared of wood for cultivation.
(5): (n.) The act or process of making clear.
King James Dictionary [2]
Clearing, ppr. Purifying removing foul matter, incumbrances, or obstructions making evident, or luminous cleansing liberating disengaging acquitting making gain beyond all costs and charges.
Clearing, n.
1. A defense justification vindication. 2 Corinthians 7 . 2. A place or tract of land cleared of wood for cultivation a common use of the word in America. 3. The act of making clear.
