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or clear·ing·house (klîr′ĭng-hous′)
An office where banks exchange checks and drafts and settle accounts.


or clear′ing house`,

n., pl. -hous•es (-ˌhaʊ zɪz)
1. a place or institution where mutual claims and accounts are settled, as between banks.
2. a central agency for the collection and distribution of materials, information, etc.
References in periodicals archive ?
The Dodd-Frank Act's Maginot Line: Clearinghouse Construction" by Mark J.
July 2010, derivatives clearinghouses will play a central role in
Central to their effort has been to bolster clearinghouses for derivatives - instruments that exacerbated the implosion at AIG and others in the last financial crisis.
If you are thinking about changing claims management vendors or clearinghouses, you might want to evaluate prospective candidates in light of the new HIPAA regulations.
The National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), National Institutes of Health is seeking a contractor to provide support for its three national information clearinghouses.
By 1990, leaders in health care were asking Congress to charge the Secretary of Health and Human Services (HHS) with choosing administrative transaction standards to streamline, simplify, and economize the payment process and mandating their implementation by providers, plans, and clearinghouses.
To further assist criminal justice professionals in their research needs, NCJRS maintains information clearinghouses for a variety of disciplines.
Federal agencies support at least thirteen information clearinghouses that distribute information related to diseases and health care conditions.
These arrangements involve two types of specialized financial intermediaries, collectively termed clearing organizations: (1) clearinghouses, which perform multilateral netting of purchase and sales contracts and in many cases provide trade comparison services, and (2) depositories, which immobilize or dematerialize securities and in many cases integrate a book-entry securities transfer system with a money transfer system.
On one hand, the amount must be high enough to give customers an incentive to meet their commitment and to protect brokers, clearinghouses, and other lenders against losses if investors default on their obligations; on the other hand, the amount must not be so high as to drive participants from the marketplace.

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