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clearing house

NOUN
  1. a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted

How To Use clearing house In A Sentence

  • We want to be of service to our community, to become a clearing house for newsy features of all aspects of living in Japan.
  • As such she acts as a de facto clearing house for much of the material brought forth from academia on the topic.
  • They said certain funds could have been delayed by clearing banks and clearing houses. Times, Sunday Times
  • The checks issued by Bank A are cleared at the clearing house through earmarking the checks issued by Bank B, and vice versa.
  • At the clearing house each is offset by the next.
  • We're using NATO as a clearing house for information for individual countries.
  • All other nationalised and private banks, which are part of the clearing houses at the three places, will be able to provide the facilities to their customers at the existing service charges.
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  • Government legislation is required to establish a national clearing house to oversee payments from electronic tags required by cars.
  • It's more like a clearing house for news links that are headlined with a ham-handed bias.
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