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or clearing house

[kleer-ing-hous] /ˈklɪər ɪŋˌhaʊs/
noun, plural clearinghouses
[kleer-ing-hou-ziz] /ˈklɪər ɪŋˌhaʊ zɪz/ (Show IPA)
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 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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Examples from the Web for clearing-house
Historical Examples
  • This in simple language is the primary idea of the clearing-house.

  • The purpose of the clearing-house is largely to facilitate the transfer of credits.

  • His board of trustees became a clearing-house for educational efforts.

    The New Nation Frederic L. Paxson
  • It is a clearing-house for news and gossip, and takes the place of a local press.

    Society Henry Kalloch Rowe
  • It can have a clearing-house for orders and ship from the nearest source of supply.

    The Principles of Economics Frank A. Fetter
  • It is club and more than club—it is a clearing-house for all of the best clubs.

  • It is a sort of clearing-house for the sale of souls and the ruin of women's morals.

    Nat Goodwin's Book Nat C. Goodwin
  • The clearing-house system was established in this country in 1853.

    Money John P. Jones
  • The community is the clearing-house of all these influences.

  • I refer to the "clearing-house" arrangements of the stock and produce exchanges.

    The Value of Money Benjamin M. Anderson, Jr.
Word Origin and History for clearing-house

also clearinghouse, 1832, from clearing + house (n.). The original was established 1775 in London by the bankers for the adjustment of their mutual claims for checks and bills; later the word was extended to similar institutions.

Online Etymology Dictionary, © 2010 Douglas Harper
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