Meaning Of The Word Clearing house

What's the definition of Clearing house? Find Clearing house meanings, definitions and more at the Real Dictionary online.
Clearing house Meaning

Clearing house Definition |
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What's The Definition Of Clearing house?
clearing house
countable noun: If an organization acts as a clearing house, it collects, sorts, and distributes specialized information. clearing house in British English noun: an institution where cheques and other commercial papers drawn on member banks are cancelled against each other so that only net balances are payable clearing house in Finance noun: A clearing house is a financial institution that is an intermediary between two trading firms for securities transactions. |
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