noun
clearing
KLEER-rihng
noun
1
An open area within a forest or wooded area with no trees.
"They pitched their tent in a small clearing."
2
The processing of financial transactions, such as checks or payments, through a central system.
"The payment is still going through the bank's clearing process."
How to Use Clearing
Learner’s notesIn plain EnglishAn open gap in a forest — or, in finance, the settling of a transaction.
Common pairings
forest clearing
clearing house
bank clearing
Word Forms
clearings plural
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They pitched their tent in a small _____.