3. (Banking)
Defn: To make exchanges of checks and bills, and settle balances, as is done in a clearing house.
4. To obtain a clearance; as, the steamer cleared for Liverpool to- day. To clear out, to go or run away; to depart. [Colloq.]
CLEARAGE
Clear"age, n.
Defn: The act of reforming anything; clearance. [R.]
CLEARANCE
Clear"ance, n.
1. The act of clearing; as, to make a through clearance.
2. A certificate that a ship or vessel has been cleared at the customhouse; permission to sail. Every ship was subject to seizure for want of stamped clearances. Durke
3. Clear or net profit. Trollope.
4. (Mach.)