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Webster 1913 Edition

Clearing

Clear′ing

,
Noun.
1.
The act or process of making clear.
The better
clearing
of this point.
South.
2.
A tract of land cleared of wood for cultivation.
A lonely
clearing
on the shores of Moxie Lake.
J. Burroughs.
3.
A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts.
☞ In England, a similar method has been adopted by railroads for adjusting their accounts with each other.
4.
The gross amount of the balances adjusted in the clearing house.
Clearing house
,
the establishment where the business of clearing is carried on. See
above
,
3
.

Webster 1828 Edition

Clearing

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 Cor. 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.

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