clearing

4 definitions • 3 examples

an area in a wood or forest from which trees and bushes have been removed

an area in a woods or forest from which trees and bushes have been removed

the process by which cheques and other payments are exchanged between customers of different banks:

Check clearing is facilitated by central clearing houses, including the Federal Reserve System.

the process by which shares and money are exchanged at the end of a day of trading on a financial market:

settlement and clearing services for securities

clearing member/corporation/agent No clearing member has ever failed to meet a performance bond call or its delivery obligations.