clearinghouse
or clear·ing house
[ kleer-ing-hous ]
/ ˈklɪər ɪŋˌhaʊs /
noun, plural clear·ing·hous·es [kleer-ing-hou-ziz] /ˈklɪər ɪŋˌhaʊ zɪz/.
a place or institution where mutual claims and accounts are settled, as between banks.
a central institution or agency for the collection, maintenance, and distribution of materials, information, etc.
Origin of clearinghouse
First recorded in 1825–35
Words nearby clearinghouse
clearing bath,
clearing factor,
clearing house,
clearing mark,
clearing sale,
clearinghouse,
clearly,
clearstory,
clearwater,
clearwater mountains,
clearway
British Dictionary definitions for clearing house
clearing house
noun
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
a central agency for the collection and distribution of information or materials