1. The act or process of removing unwanted items, clutter, or people from a space; a thorough cleaning or emptying out.
Usage: Usually plural or used as a countable noun; Common in British English
2. A sale or event in which goods are sold at reduced prices to clear inventory.
Usage: Often used in retail contexts

Examples

• We did a major clearout of the garage and donated most of the old boxes.
• The store announced a clearout of winter clothing at half price.
• After moving, she organized several clearouts to reduce clutter in her new apartment.
• The company conducted clearouts of outdated equipment from the warehouse.
• Spring clearouts are a good time to organize your home and get rid of things you no longer need.
• The furniture store's clearout event attracted many bargain hunters.