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.
From POTUS To FLOTUS: A Full (White) House Of AcronymsThe faster we move, the more abbreviations and assorted acronyms we use, and when it comes to talking about the folks who reside at 1600 Pennsylvania Avenue—otherwise known as the White House—there are plenty of acronyms to choose from.
Origin of clearinghouse
First recorded in 1825–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for clearing house
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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012