Crossword Genius

Proceeds, about to leave a place (5)

Ross

I believe the answer is:

venue

'a place' is the definition.
(I've seen this before)

I don't understand the rest of the clue.

(Other definitions for venue that I've seen before include "Location of meeting" , "Chosen location" , "Event location" , "Appointed place as for meeting" , "Location for a performance" .)

I've seen this clue in The Hindu.
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