Clearing
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Clearing

No Encyclopedia Entry for Clearing

Noah Webster's New International Dictionary of the English Language

1. (p. pr. & vb. n.) of Clear.

2. (n.) The act or process of making clear.

3. (n.) A tract of land cleared of wood for cultivation.

4. (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.

5. (n.) The gross amount of the balances adjusted in the clearing house.


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Clearing

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