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1. Clearinghouse Definition & Meaning - Merriam-Webster
Link: https://www.merriam-webster.com/dictionary/clearinghouse
Description: 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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2. CLEARING HOUSE definition | Cambridge English Dictionary
Link: https://dictionary.cambridge.org/us/dictionary/english/clearing-house
Description: 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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3. Clearinghouse: An Essential Intermediary in the Financial Markets
Link: https://www.investopedia.com/terms/c/clearinghouse.asp
Description: 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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4. CLEARINGHOUSE Definition & Meaning | Dictionary.com
Link: https://www.dictionary.com/browse/clearinghouse
Description: Weba place or institution where mutual claims and accounts are settled, as between banks. a central institution or agency for the collection, maintenance, and distribution of materials, information, etc.
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5. Clearing house (finance) - Wikipedia
Link: https://en.wikipedia.org/wiki/Clearing_house_(finance)
Description: 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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6. What Is a Clearinghouse? - The Balance
Link: https://www.thebalancemoney.com/what-is-a-clearinghouse-5186606
Description: WebNov 10, 2021 · Definition and Examples of a Clearinghouse . Financial clearinghouses are intermediaries between those who buy and sell financial instruments. Clearinghouses can be made up of an agency or a separate corporation of a futures exchange and are registered with the Securities and Exchange Commission (SEC). A futures exchange can …
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7. CLEARING HOUSE | English meaning - Cambridge Dictionary
Link: https://dictionary.cambridge.org/dictionary/english/clearing-house
Description: 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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8. Clearinghouse Definition & Meaning | Britannica Dictionary
Link: https://www.britannica.com/dictionary/clearinghouse
Description: 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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9. Clearinghouse Definition & Example | InvestingAnswers
Link: https://investinganswers.com/dictionary/c/clearinghouse
Description: 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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10. Clearinghouse | Payment Systems, Interbank Transactions
Link: https://www.britannica.com/money/clearinghouse
Description: 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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