CLEARING HOUSE


Meaning of CLEARING HOUSE in English

also clearing-house

( clearing houses)

1.

If an organization acts as a clearing house , it collects, sorts, and distributes specialized information.

The centre will act as a clearing house for research projects for former nuclear scientists.

N-COUNT

2.

A clearing house is a central bank which deals with all the business between the banks that use its services. ( BUSINESS )

N-COUNT

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.