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Clearing vs Clearance - What's the difference?

clearing | clearance |

In banking finance terms the difference between clearing and clearance

is that clearing is a process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions while clearance is the settlement of transactions involving securities or means of payment such as checks by means of a clearing house.

In soccer terms the difference between clearing and clearance

is that clearing is the act of removing the ball from one's own goal area by kicking it while clearance is the act of kicking a ball away from the goal one is defending.

As nouns the difference between clearing and clearance

is that clearing is the act or process of making or becoming clear while clearance is the act of clearing or something (such as a space) cleared.

As a verb clearing

is present participle of lang=en.

clearing

English

(wikipedia clearing)

Verb

(head)

    • Noun

    (en noun)
  • The act or process of making or becoming clear.
  • An area of land within a wood or forest devoid of trees.
  • *
    • , title=(The Celebrity), chapter=8 , passage=Now we plunged into a deep shade with the boughs lacing each other overhead, and crossed dainty, rustic bridges
  • An open space in the fog etc.
  • A process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions.
  • (label) A sequence of events used to disconnect a call, and return to the ready state.
  • (label) The period in which remaining university places are allocated to remaining students.
  • (label) The act of removing the ball from one's own goal area by kicking it.

    • Anagrams

    * * ----

    clearance

    English

    Noun

  • The act of clearing or something (such as a space) cleared
  • The distance between two moving objects, especially between parts of a machine
  • The height or width of a tunnel, bridge or other passage, or the distance between a vehicle and the walls or roof of such passage; a gap, headroom.
  • A permission for a vehicle to proceed, or for a person to travel.
    • The plane got clearance from air traffic control, and we were off.
    He got clearance to travel to America, even though he had previous links to terrorists
  • A permission to have access to sensitive or secret documents or other information
  • A sale of merchandise at a reduced price.
  • (banking, finance) The settlement of transactions involving securities or means of payment such as checks by means of a clearing house.
  • (medicine) The removal of harmful substances from the blood; renal clearance.
  • (sports, billiards, snooker, pool) The act of potting all the remaining balls on a table at one visit.
  • (soccer) The act of kicking a ball away from the goal one is defending.
  • * {{quote-news
    • , year=2010 , date=December 29 , author=Chris Whyatt , title=Chelsea 1 - 0 Bolton , work=BBC citation , page= , passage=Bolton were then just inches from taking the lead, but the dangerous-looking Taylor drilled just wide after picking up a loose ball following Jose Bosingwa's poor attempted clearance .}}
  • (chess) Removal of pieces from a rank, file or diagonal so that a bishop, rook or queen is free to move along it.
  • Clear or net profit.
    • (Trollope)