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Hasil cari dari kata atau frase: clearing house(0.01102 detik)
Found 2 items, similar to clearing house.
English → English (WordNet)
Definition: 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.
The better clearing of this point. --South.
2. A tract of land cleared of wood for cultivation.
A lonely clearing on the shores of Moxie Lake. --J.
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.
Note: In England, a similar method has been adopted by
railroads for adjusting their accounts with each other.
4. The gross amount of the balances adjusted in the clearing
Clearing house, the establishment where the business of
clearing is carried on. See above, 3.