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clearing house
(redirected from Clearing Corporation)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
clearing house
n
1. (Economics, Accounting & Finance / Banking & Finance) Banking an institution where cheques and other commercial papers drawn on member banks are cancelled against each other so that only net balances are payable
2. a central agency for the collection and distribution of information or materials
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.clearing house - a central collection place where banks exchange checks or draftsclearing house - a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
Translations
clearing house n (Fin) → camera di compensazione


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ICE to Acquire The Clearing Corporation as Clearing Initiative Advances** NEW YORK, Oct.
As part of the deal, European Multilateral Clearing Facility will take a five percent stake in Nasdaq Clearing Corporation, formerly the Boston Stock Exchange Clearing Corporation, Associated Press said in a related report.
LONDON, June 5 /PRNewswire/ -- - Clearing and Settlement Platform for Turquoise Taking Shape A leading Depository Trust & Clearing Corporation (DTCC) senior executive, Richard R.
 
 
 
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