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. [1913 Webster] 2. A tract of land cleared of wood for cultivation. [1913 Webster] A lonely clearing on the shores of Moxie Lake. --J. Burroughs. [1913 Webster] 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. [1913 Webster] Note: In England, a similar method has been adopted by railroads for adjusting their accounts with each other. [1913 Webster] 4. The gross amount of the balances adjusted in the clearing house. [1913 Webster] Clearing house, the establishment where the business of clearing is carried on. See above, 3. [1913 Webster]