clearing house

See also: clearinghouse

English

Noun

clearing house (plural clearing houses)

  1. A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.
    • 1963 May, “News and Comment: End of the Railway Clearing House”, in Modern Railways, page 291:
      The Railway Clearing House, which was established 120 years ago, was disbanded on March 31. [see "Further reading" for the Wikipedia article.]
  2. (figuratively, by extension) A hub of collection, maintenance, and distribution of goods, information etc.
    • 2011, Samuel West (narrator), Smugglers TV series (ep. 2), :
      The mixed load is likely to have come from Rotterdam, one of Europe's key clearing houses for drugs
  3. (GIS) A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

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Further reading
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