clearing house
Americannoun
noun
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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
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a central agency for the collection and distribution of information or materials
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The biggest share – some €185bn – is sitting in Euroclear, a clearing house for financial transactions in Brussels which operates under EU jurisdiction.
From BBC • Oct. 23, 2025
His library, the Carter Presidential Center, became an influential clearing house of ideas and programmes intended to solve international problems and crises.
From BBC • Dec. 29, 2024
Organizers say the Expo was always designed as a clearing house for far out ideas but there have been times when its open-minded, anything-goes attitude has gone too far.
From Los Angeles Times • Feb. 19, 2024
Blackrock's iShares ETF is on a list of ETFs on the website of clearing house DTCC, driving the most recent round of speculation that its approval is imminent.
From Reuters • Oct. 24, 2023
He was fluent in several European languages and acted as a kind of clearing house for scientific information, communicating by letter with scientists all over Europe.
From "The Scientists" by John Gribbin
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.