Clearinghouse Meaning and Definition
What is the definition Clearinghouse? What is its meaning in the dictionary? Synonyms, Words starting with Clearinghouse, How to pronounce? Example sentences, Antonyms, Related sentences, Derivations, Words ending with Clearinghouse and more...
Word: Clearinghouse
Noun
Definitions:
1. A bankers' establishment where checks and bills from member banks are exchanged, so that only the balances need be paid in cash.
Example sentences: "It simply remits the cheque to the drawee bank through the clearing house, and transmits an advice of the receipt of the cheque to the collecting bank."
Derivations:
clearing
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Clearinghouse in Other Languages...
Spanish:
German: Clearingstelle
French:
Italian:
Turkish: Takas