Other forms: clearances
A clearance is a sale at reduced prices to empty the shelves of old stock. A clearance sale, clearance items, on clearance.
It is the shop's way of turning stock into space and cash. Elsewhere, clearance is the gap between two things — headroom clearance, about four inches of clearance — and it is what decides whether a lorry fits under a bridge. Security clearance is permission to see restricted material. In Scottish history, the Clearances were the forced removal of tenants from the Highlands in the eighteenth and nineteenth centuries.
1nounclearanceA sale at reduced prices to empty old stock.
“I bought this coat in the winter clearance for half the usual price.”
synonyms: clearance sale
2noungapThe gap between two things.
“The van was too tall for the low bridge, with barely any clearance above its roof.”
clearance is a clearing out or a gap.
Also accepted in games: clearance sale
From clear + -ance.
Etymology from Wiktionary, CC BY-SA