clearing house

clearinghouse

1. (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

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

clearing 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

chambre de compensation

clearing house

n (Fin) → camera di compensazione

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

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References in periodicals archive

The second proposal restricts an individual clearing house member from owning or having voting rights of more than 5% in any security-based swap clearing agency, with a majority directors appointed on a corresponding board required to be independent.

SEC seeks to limit bank ownership in OTC clearing facilities

VIVA has selected the company's Data Clearing House for GSM (DCH), Financial Clearing House for GSM (FCH), Roaming Management Services (RMS), Syniverse DataNet NRTRDE solution, SS7 Signaling Transport a[euro]" INLink, SCCP Gateway and MMS Interworking Gateway (MMS-IG).

VIVA selects Syniverse to enhance roaming and messaging services

Disputes over deliveries, defective products, or products or services that do not fit their description should, according to the Commission paper, be dealt with by a single, one-stop national contact point, or 'clearing house', in each Member State.

CONSUMER POLICY: COMMISSION SEEKS TO PROMOTE OUT-OF-COURT SETTLEMENT OF DISPUTES

The Tokyo Stock Exchange (TSE) decided Tuesday to begin acting as a clearing house for stock transactions in May, exchange officials said.

TSE to begin clearing service in May

Serafini, who joined ICE in March 2016, is responsible for managing the clearing house operations and interpreting and implementing regulatory changes.

Intercontinental Exchange announces executive promotion

M2 EQUITYBITES-August 18, 2016-Euronext Agrees to Acquire 20% Stake in Clearing House EuroCCP

Euronext Agrees to Acquire 20% Stake in Clearing House EuroCCP

BANKING AND CREDIT NEWS-March 11, 2016-Jack Henry & Associates, Clearing House partners to grow real-time payments

Jack Henry & Associates, Clearing House partners to grow real-time payments

OVER 150 people from advanced manufacturing and engineering companies heard about the free business support at the launch of the new Clearing House.

New Clearing House launched in the city

5 February 2013 - SGX, the Singapore stock exchange, is holding talks about buying a stake in UK clearing house LCH.Clearnet Group Ltd, the Financial Times reported today citing three insiders.

SGX reportedly eyes stake in LCH.Clearnet

Nasdaq OMX has challenged moves by other exchange groups towards a vertically-integrated model of exchange and clearing house, urging investment from other trading venues into central counterparty EMCF.

Nasdaq OMX challenges vertically-integrated exchange model

A worldwide contract to provide the Vodafone Group, a mobile operator, with GSM data clearing house services has been awarded to Syniverse Technologies, a mobile technology company.

Syniverse awarded worldwide Vodafone contract