clearing house definition, meaning - what is clearing house in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “clearing house”

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clearing house

noun [C] uk   us  
a central office used by banks to collect and send out money and cheques a central organization that collects and sends out information for other people or organizations
(Definition of clearing house from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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