Clearance vs. Clearing — What's the Difference?

The action or process of clearing or of being dispersed

The act or process of making or becoming clear.

Official authorization for something to proceed or take place

A tract of land within a wood or other overgrown area from which trees and other obstructions have been removed.

Clear space allowed for a thing to move past or under another

The exchange of checks, drafts, and notes and the settlement of consequent differences, especially among banks.

The act or process of clearing.

Present participle of clear

A space cleared; a clearing.

The act or process of making or becoming clear.

The amount of space or distance by which a moving object clears something.

An area of land within a wood or forest devoid of trees.

The height or width of a passage

An open space in the fog etc.

An intervening space or distance allowing free play, as between machine parts.

A process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions.

Permission for an aircraft, ship, or other vehicle to proceed, as after an inspection of equipment or cargo or during certain traffic conditions.

(telecommunication) A sequence of events used to disconnect a call, and return to the ready state.

Official certification of blamelessness, trustworthiness, or suitability.

The period in which remaining university places are allocated to remaining students.

A sale, generally at reduced prices, to dispose of old merchandise.

(soccer) The act of removing the ball from one's own goal area by kicking it.

The passage of checks and other bills of exchange through a clearing-house.

The act or process of making clear.

The removal by the kidneys of a substance from blood plasma.

A tract of land cleared of wood for cultivation.

Renal clearance.

A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts.

The act of clearing or something (such as a space) cleared.

The gross amount of the balances adjusted in the clearing house.

The distance between two moving objects, especially between parts of a machine

A tract of land with few or no trees in the middle of a wooded area

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.

The act of freeing from suspicion

A permission for a vehicle to proceed, or for a person to travel.

The act of removing solid particles from a liquid

A permission to have access to sensitive or secret documents or other information.

A permission to use something, usually intellectual property, that is legally, but not otherwise, protected.

(retail) A sale of merchandise, especially at significantly reduced prices, usually in order to make room for new merchandise or updated versions of the same merchandise.

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.

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.

(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.

(Australian rules football) The first disposal in a chain that leaves the area of a stoppage, or a disposal that leaves the area of a stoppage itself.

(Australian rules football) The act of leaving the area of a stoppage.

The act of clearing; as, to make a thorough clearance.

A certificate that a ship or vessel has been cleared at the customhouse; permission to sail.

Clear or net profit.

The distance by which one object clears another, as the distance between the piston and cylinder head at the end of a stroke in a steam engine, or the least distance between the point of a cogwheel tooth and the bottom of a space between teeth of a wheel with which it engages.

The distance by which one thing clears another; the space between them

Vertical space available to allow easy passage under something

Permission to proceed;