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clearinghouse

The correct spelling is clearinghouse.

How to pronounce clearinghouse

noun

Say it like: Clee-rin-gho-wse

The correct spelling is clearinghouse. A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.

Usage Examples

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Definition

noun

  1. 1.A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.
  2. 2.(by extension) A hub of goods traffic
  3. 3.(GIS) A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

Similar words

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