Meaning Of The Word Clearing house

Real Dictionary

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
Clearing house Definition

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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