Focus on the pronunciation of clearing
English definition of “clearing”
/ˈklɪərɪŋ/ noun [U]
› BANKING, FINANCE the process by which cheques and other payments are exchanged between customers of different banks: Check clearing is facilitated by central clearing houses, including the Federal Reserve System.
› FINANCE, STOCK MARKET the process by which shares and money are exchanged at the end of a day of trading on a financial market: settlement and clearing services for securitiesclearing member/corporation/agent No clearing member has ever failed to meet a performance bond call or its delivery obligations.