clearingperiod

noun

UK /ˈklɪərɪŋˌpɪəriəd/

US /ˈklɪrɪŋˌpɪriəd/

A clearing period is a short time when something is cleaned up or emptied out.

After the sale, the store had a clearing period to sell the last items.

SYNONYMS

cleanup time empty-out period settlement period wind-down period

RELATED WORDS

clearance clearing grace period transition interval

OTHER MEANINGS

2. The time allowed for checks to clear in a bank.

The bank told us the clearing period for the check was three days.

3. A break between activities when a space is tidied or reset.

There was a ten-minute clearing period before the next class arrived.

4. The time it takes for fog or clouds to move away.

Pilots waited for a clearing period before takeoff.