clearing house به انگلیسی

• اقتصاد, دیکشنری

 

From Longman Dictionary

clearing house noun [countable]

a central office where banks exchange cheques and other financial documents

an office that receives and gives out or sells information or goods for several other organizations

Example

Thus, it is nothing more than a clearing house which does nothing in its own right

Because the clearing house is the counterparty to every transaction, it is also involved in the delivery process

The short informs the clearing house of these arrangements

Every day the two banks take the bundles of each other’s cheques along to the clearing house and exchange them

The clearing house holds accounts for all the clearing members of the exchange