Clearing house
volume
British pronunciation/klˈiəɹɪŋ hˈaʊs/
American pronunciation/klˈɪɹɪŋ hˈaʊs/

Kahulugan at Ibig Sabihin ng "clearing house"

Clearing house
01

kamarang pangkompensasyon, tahanan ng kapansanan

a financial institution that oversees exchanging cheques and other financial transactions
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Example
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The clearing house acts as an intermediary between buyers and sellers in financial markets, facilitating the settlement of transactions.
After trading stocks, brokers submit their orders to the clearing house for reconciliation and settlement.
The international clearing house handles transactions between banks from different countries, ensuring smooth and efficient cross-border payments.
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