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Clearing

Clearing, a among London bankers a method adopted by them for exchanging the drafts of each other's houses, and settling the difference. At fixed hours, each day, a clerk from each banker attends at the clearing-house, bringing all the drafts on the other bankers which have been paid into his house during the day, and delivers to each of the other clerks the obligations he has against his house, receiving from each the obligations due from his own. Balances are struck at the end of the day, the clerk to the Clearing House making up the accounts between each bank. The balances are not paid to or received from the other bankers as formerly, but are settled with the Clearing House, which keeps an account itself at the Bank of England. There is also a Country Clearing House. Consult McLeod on Banking; Grant's Law of Banking, 6th Edn. P. 66.Maritime law. The departure of a ship from port after complying with customs, health laws and other local regulations, Black's Law Dictionary,7th Edn., ...


clearly erroneous

clearly erroneous : being or containing a finding of fact that is not supported by substantial or competent evidence or by reasonable inferences [findings of fact…shall not be set aside unless clearly erroneous "Federal Rules of Civil Procedure Rule 52(a)"] see also Amendment VII to the Constitution in the back matter compare abuse of discretion, de novo NOTE: The requirement that findings be clearly erroneous to be set aside is a standard of review used esp. by an appellate court when reviewing a trial judge's (as opposed to a jury's) findings of fact for error. ...


Clear days

Clear days. If a certain number of clear days be given for the doing of any act, the time is to be reckoned exclusively as well of the first day as the last. (Chit. Arch. Pr.) As to the meaning of 'clear,' generally, in deeds, wills, and other documents, see Stroud's Jud. Dict....


Line clear

Line clear, what is meant by line-clear is not that the lines in the station yard are clear for reception of the train but that there is no obstruction on the track beyond the outer-most signals on the down side of the station which the train has to enter, Awadh Behari Sharma v. State of Madhya Pradesh, AIR 1956 SC 738 (742): (1956) Cri LJ 1372....


clear and convincing

clear and convincing : conforming to or being the standard of proof required for some civil cases or motions in which the party bearing the burden of proof must show that the truth of the allegations is highly probable [clear and convincing proof] compare reasonable doubt, preponderance of the evidence ...


clear and present danger

clear and present danger : a risk or threat to safety or other public interests that is serious and imminent ;esp : one that justifies limitation of a right (as freedom of speech or press) by the legislative or executive branch of government [a clear and present danger of harm to others or himself] see also freedom of speech, Schenck v. United States in the Important Cases section amendment i to the Constitution in the back matter ...


Clear seeing

Having a clear physical or mental vision having a clear understanding...


Clear sighted

Seeing with clearness acutely perceptive discerning as clear sighted reason...


Clear and unambiguous

Clear and unambiguous, if the language of the statute is clear and unambiguous, and if two interpretations are not reasonably possible, it would be wrong to discard the plain meaning of the words used in order to meet a possible injustice, CIT, Madras v. T.V. Sundaram Iyenger (P.) Ltd., AIR 1976 SC 255: (1976) 1 SCC 77: (1975) Supp SCR 93....


Clearing-house

Clearing-house, the place where the operation termed 'clearing' is carried on, situated in a corner of Post Office Court, in Lombard Street....


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