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clearing house

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.03 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 houseclearing 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
clearing house n (Fin) → camera di compensazione


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? Mentioned in ? References in periodicals archive
 
DEAL DONE: Agoura Hills-based Electronic Clearing House Inc.
IN BRIEF by Daily News (Los Angeles, CA)
ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement tools for financial institutions, announced that the Philippine Clearing House Corporation (PCHC) has chosen to implement its Image Capture, Archive, CD Distribution, Online Image Research and Returns solutions.
VSoft Corporation to Convert Philippine Clearing House to Check ... by Business Wire
The give-away guys at the two major magazine sweepstakes companies - Publishers Clearing House and American Family Publishers - may dole out as much as $21 million this week.
FIRMS GIVE BETTER THAN THEY GET\Sweepstakes companies see sagging ... by Daily News (Los Angeles, CA)
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