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clearing-house

   Also found in: Legal, Financial, Wikipedia 0.03 sec.
clear·ing-house or clear·ing·house (klîrng-hous)
n.
An office where banks exchange checks and drafts and settle accounts.

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Established in 1987, the clearing-house provides information about diseases of the kidneys and urologic system to people with these disorders and to their families, health care professionals, and the public.
Digital commerce service Magex announced today a multi-million dollar upgrade to its existing financial clearing-house infrastructure allowing it to process over 200,000 registrations a day and 40 million transactions a month.
 
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