clearing house


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clearing house

or

clearinghouse

n
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
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
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.
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).
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.
The Tokyo Stock Exchange (TSE) decided Tuesday to begin acting as a clearing house for stock transactions in May, exchange officials said.
Serafini, who joined ICE in March 2016, is responsible for managing the clearing house operations and interpreting and implementing regulatory changes.
M2 EQUITYBITES-August 18, 2016-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
OVER 150 people from advanced manufacturing and engineering companies heard about the free business support at the launch of the new Clearing House.
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.
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.
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.

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