CLEARING HOUSE • DICCIONARIO INGLES.COM • Definition of Clearing house

Add this Dictionary
to your website!
See more options...

/klˈɪrɪŋ haʊs/ Listen

noun

Clearing n.

The act or process of making clear. "The better clearing of this point."

A tract of land cleared of wood for cultivation. "A lonely clearing on the shores of Moxie Lake."

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.

The gross amount of the balances adjusted in the clearing house.

Clearing house, the establishment where the business of clearing is carried on. See above, 3.

See images of 'Clearing house'

Etymology of 'Clearing house'

Collaborative International Dictionary of English 0.48

Share |

"Clearing house" Quotes from Famous Books

... arrangements provide an admirable central clearing house, where supplies are inspected and sold under such conditions as to prevent the artificial raising of prices. It also acts as a feeder to the marches de quartier, to the great convenience of local consumers. Moreover the producer is safeguarded, ...

— A Terminal Market System - New York's Most Urgent Need; Some Observations, Comments, - and Comparisons of European Markets • Mrs. Elmer Black

... Alia from foaming at the mouth was because she was combing her Dutch braid. It—the book—was called a Rubaiyat by Omar Quinine, or something like that. This Omar party never wrote a comic opera in his life. But Alla wasn't discouraged, for she looked through every page in hopes of finding a Clearing House certificate, but not a leaf stirred. All she came across was a marked verse that went something ...

— The Sorrows of a Show Girl • Kenneth McGaffey