Definition of clear

1. collection of checks deposited in a bank, with payment to the depositor. See also clearings.
2. matching of trades between buyers and sellers of securities, financial futures contracts, and so on, by an exchange or clearing house.
3. clear title, or marketable title, without liens or encumbrances.

Banking: collection of funds on which a check is drawn, and payment of those funds to the holder of the check.
Finance:asset not securing a loan and not otherwise encumbered; to make a profit. For example, after all expenses, they cleared $1 million.
Securities:comparison of the details of a transaction between brokers prior to settlement; final exchange of securities for cash on delivery.

1. to set a flip-flop or memory location to zero.
2. to make the screen of a CRT go blank. In many versions of BASIC, the command CLS clears the screen.

Banking: collection of funds on which a check is drawn, and payment of those funds to the holder of the check. See also clearing house funds.
Finance: asset not securing a loan and not otherwise encumbered. As a verb, to clear means to make a profit: "After all expenses, we cleared $1 million."
Securities: comparison of the details of a transaction between brokers prior to settlement; final exchange of securities for cash on delivery.