Pronunciation: (klēr'ing), [key]
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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.