Definitions
There is 1 meaning of the phrase
Clearing House.
Clearing House - as a noun
A central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
Example Sentences
"The clearing house is responsible for settling financial transactions between banks."
"She works at a clearing house, where she processes and verifies invoices."
"The clearing house acts as an intermediary between buyers and sellers in the stock market."
"The clearing house ensures that trades are executed smoothly and efficiently."
"Before the funds can be transferred, they must go through the clearing house."
