clearing house love


from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A central point where clearing banks exchange checks etc and settle accounts
  • noun figuratively, by extension A hub of goods traffic
  • noun A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

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


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