What is CLEARING? Definition of CLEARING in Black's Law Dictionary - Legal dictionary - Glossary of legal terms.
The departure of a vessel from port, after complying with the customs and health laws and like local regulations.
In mercantile law. A method of making exchanges and settling balances, adopted among banks and bankers.
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That's the definition of CLEARING in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. Courtesy of Cekhukum.com.
