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

Words Nearby clearinghouse Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use clearinghouse in a sentence

British Dictionary definitions for clearing house

clearing house

  1. 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

  2. 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