a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
English language
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clearing house::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | financial institution, financial organisation, financial organization |
Examples of clearing house
clearing house
A clearing house is kind of like a bookie that takes bets, but doesn't set odds.
From the theatlantic.com
In this system the exchange, clearing house and depository are separately owned.
From the economist.com
Would the global clearing house you propose have helped lower their death tolls?
From the guardian.co.uk
We wanted Devo to be a clearing house for intellectual activity in Akron, Ohio.
From the ocregister.com
A central clearing-house would reduce risk by allowing netting of many positions.
From the economist.com
Non-steroidal common pain relievers can make it worse, the clearing house says.
From the stltoday.com
Currently, not just anyone can utilize a clearing house for derivative trades.
From the theatlantic.com
The website data.gov.au was established to be a clearing house of government data.
From the smh.com.au
The National Bank of Commerce says it will no longer serve as clearing house.
From the en.wikipedia.org
