Online Dictionary: translate word or phrase from Indonesian to English or vice versa, and also from english to english on-line.
Hasil cari dari kata atau frase: Clearing house (0.01905 detik)
Found 2 items, similar to Clearing house.
English → English (WordNet)
Definition: clearing house
clearing house
n : a central collection place where banks exchange checks or
drafts; participants maintain an account against which
credits or debits are posted
English → English (gcide)
Definition: Clearing house
Clearing
\Clear"ing\, n.
1. The act or process of making clear.
[1913 Webster]
The better clearing of this point. --South.
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2. A tract of land cleared of wood for cultivation.
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A lonely clearing on the shores of Moxie Lake. --J.
Burroughs.
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3. A method adopted by banks and bankers for making an
exchange of checks held by each against the others, and
settling differences of accounts.
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Note: In England, a similar method has been adopted by
railroads for adjusting their accounts with each other.
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4. The gross amount of the balances adjusted in the clearing
house.
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Clearing house, the establishment where the business of
clearing is carried on. See
above,
3.
[1913 Webster]
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