Definition of out-clearing in US English:

out-clearing

noun

Banking
rare
  • The action or practice of clearing something or clearing something out; specifically the system whereby a bank sends bills and cheques drawn on other banks to a clearing house, in order to have them cleared; bills and cheques collectively sent out to be cleared.

Origin

Mid 19th century; earliest use found in Transactions of the Geological Society. From out- + clearing, after to clear out.

Pronunciation

out-clearing

/ˈaʊtˌklɪərɪŋ/