clearinghouse

Or clear·ing house

[kleer-ing-hous]

noun

plural

clearinghouses 

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.

Word History and Origins

Origin of clearinghouse¹

First recorded in 1825–35

Example Sentences

Last week, Clearing applied for a license to run a clearinghouse from the Commodity Futures Trading Commission, according to founder Toni Gemayel.

Read more on The Wall Street Journal

The Transactional Records Access Clearinghouse - which tracks immigration data - found that just over 70% of the nearly 60,000 people held at the end of September had no criminal record.

Read more on BBC

Nearly three-quarters of immigrants in ICE detention as of September have no criminal convictions, according to Syracuse University’s Transactional Records Access Clearinghouse.

Read more on Los Angeles Times

In the past two weeks, Apple has taken down apps that tracked actions by ICE agents and a Chicago Facebook group that was a clearinghouse for migra sightings at the request of the Department of Justice.

Read more on Los Angeles Times

Polymarket also acquired a small U.S.-licensed exchange and clearinghouse as part of its effort to re-enter the American market.

Read more on The Wall Street Journal