clearing house

Noun

An institution or agency that facilitates the exchange, settlement, and clearing of financial transactions.

ریشه

From the Middle English word 'cler', meaning 'clear' + the word 'house'.

مثال

• The clearing house ensures smooth financial transactions.
• Banks use clearing houses to settle payments.
• The stock exchange relies on a clearing house for trade clearing.

ترکیب‌های رایج

Financial clearing house Stock exchange clearing house Payment clearing house Trade clearing house