Webster
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Webster’s Revised Unabridged Dictionary · 1913

Clearing

Clear′ing, n. 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’s Revised Unabridged Dictionary, Noah Porter, editor (Springfield, Mass.: G. & C. Merriam, 1913). Public domain. Text as transcribed by MICRA, Inc., from Project Gutenberg. Changed for Deep Dive Bible: Greek, which our source spelled in Latin letters, set in Greek letters; entries of one spelling merged into one article; Greek words our source left out (shown as “?”), read from the 1898 printing, from the same plates (the Library of Congress’s copy), where the place could be found with certainty. Of the others, 1,362 (a word or a single letter each) were inferred by AI from the context by the dictionary’s own rules and are marked with a wavy underline (tap or point at one to see the note); the rest, which could not be inferred with confidence, are left as “?”.