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Clearinghouse Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/clearinghouse
WEB1. : an establishment maintained by banks for settling mutual claims and accounts. 2. : a central agency for the collection, classification, and distribution especially of …
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CLEARING HOUSE definition | Cambridge English Dictionary
https://dictionary.cambridge.org/us/dictionary/english/clearing-house
WEBCLEARING HOUSE meaning: 1. a central office used by banks to collect and send out money and cheques 2. a central…. Learn more.
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Clearinghouse: An Essential Intermediary in the Financial Markets
https://www.investopedia.com/terms/c/clearinghouse.asp
WEBFeb 7, 2023 · A clearinghouse or clearing division is an intermediary between a buyer and a seller in a financial market. In acting as the middleman, the clearinghouse provides the...
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Clearing house (finance) - Wikipedia
https://en.wikipedia.org/wiki/Clearing_house_(finance)
WEBA clearing house is a financial institution formed to facilitate the exchange (i.e., clearance) of payments, securities, or derivatives transactions. The clearing house stands between two clearing firms (also known as member firms or participants). Its purpose is to reduce the risk of a member firm failing to honor its trade settlement ...
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CLEARINGHOUSE Definition & Meaning | Dictionary.com
https://www.dictionary.com/browse/clearinghouse
WEBClearinghouse definition: a place or institution where mutual claims and accounts are settled, as between banks.. See examples of CLEARINGHOUSE used in a sentence.
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What Is a Clearinghouse? - The Balance
https://www.thebalancemoney.com/what-is-a-clearinghouse-5186606
WEBNov 10, 2021 · Definition. A financial clearinghouse is a designated intermediary between buyers and sellers. Its job is to clear and settle trades, report trading data, and more.
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CLEARING HOUSE | English meaning - Cambridge Dictionary
https://dictionary.cambridge.org/dictionary/english/clearing-house
WEBnoun [ C ] uk / ˈklɪə.rɪŋ ˌhaʊs / us / ˈklɪr.ɪŋ ˌhaʊs / Add to word list. a central office used by banks to collect and send out money and cheques. a central organization that collects …
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Clearinghouse Definition & Meaning | Britannica Dictionary
https://www.britannica.com/dictionary/clearinghouse
WEBBritannica Dictionary definition of CLEARINGHOUSE. [count] 1. : a business that banks use to exchange checks and money between them. 2. : an organization that collects and gives out information about a specific thing. an online clearinghouse for information on museums around the world.
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Clearinghouse Definition & Example | InvestingAnswers
https://investinganswers.com/dictionary/c/clearinghouse
WEBSep 29, 2020 · A clearinghouse is an intermediary between buyers and sellers of financial instruments. How Does a Clearinghouse Work? Clearinghouses take the opposite position of each side of a trade. When two parties agree on the terms of a transaction, a clearinghouse sits in the middle, acting as both the buyer and the seller.
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Clearinghouse | Payment Systems, Interbank Transactions
https://www.britannica.com/money/clearinghouse
WEBclearinghouse, institution established by firms engaged in similar activities to enable them to offset transactions with one another in order to limit payment settlements to net balances. Clearinghouses play an important role in settling transactions related to banks, railroads, stock and commodity. definition
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