CLEARINGS

clearings.Banking. Checks or other items drawn on a local bank and presented for payment through a clearing-house or directly to the drawee bank. See CLEARINGHOUSE(1). [Cases: Banks and Banking  137, 168, 320.C.J.S. Banks and Banking §§ 327–328, 330, 406–407, 420,422–424, 649.] [Blacks Law 8th]