clearinghouse

or clear·ing house

[kleer-ing-hous]
noun, plural clear·ing·hous·es [kleer-ing-hou-ziz] /ˈklɪər ɪŋˌhaʊ zɪz/.
  1. a place or institution where mutual claims and accounts are settled, as between banks.
  2. a central institution or agency for the collection, maintenance, and distribution of materials, information, etc.

Origin of clearinghouse

First recorded in 1825–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for clearing-house

Historical Examples of clearing-house

  • 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.


Word Origin and History for clearing-house
n.

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