Homonym: Clearance (Removal)
Clearance refers to the process of removing items from inventory, often at reduced prices, to make way for new stock. Retailers use clearance sales to attract customers and quickly sell off seasonal or excess merchandise. This practice helps businesses manage their inventory effectively and can provide consumers with significant savings.
In some contexts, clearance can also refer to the authorization required for individuals to access sensitive information or secure areas, such as in government or military settings. This type of clearance ensures that only trusted personnel, often vetted through background checks, can handle classified materials or operate in restricted zones.