Business, Legal & Accounting Glossary

Definition: Clearing


What is the dictionary definition of Clearing?

Dictionary Definition

1. The act or process of making or becoming clear.
2. An area of land within a wood or forest devoid of trees.
3. An open space in the fog etc.

Full Definition of Clearing

1. General: Satisfaction of the requirements of a due process.
2. Banking: See check clearing.
3. Futures and options: Procedure through which a clearinghouse acts as a counter-party to every trade and assures financial integrity of each contract.
4. Importing: Release of a shipment after approval of its shipping documents and customs entry, and payment of duties and taxes, if any.
5. Securities: Procedure through which a stock exchange agency or affiliate validates, delivers, and settles all trades.

Synonyms For Clearing

clearance, clear, cleared, compensating

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Clearing. Payroll & Accounting Heaven Ltd.
January 26, 2022
Chicago Manual of Style (CMS):
Clearing. Payroll & Accounting Heaven Ltd. (accessed: January 26, 2022).
American Psychological Association (APA):
Clearing. Retrieved January 26, 2022
, from website:

Definition Sources

Definitions for Clearing are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th January, 2020 | 2 Views.