Definitions of clearing house
a central office used by banks to settle their daily balances (eg by collecting and sending out money and cheques etc)
It should be impossible for a clearing house to run into trouble if the market moves against it.
substantivo
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noun
a central office used by banks to settle their daily balances (eg by collecting and sending out money and cheques etc)
It should be impossible for a clearing house to run into trouble if the market moves against it.