clearing house
noun1
A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.
- The Railway Clearing House, which was established 120 years ago, was disbanded on March 31. [see "Further reading" for the Wikipedia article.]1963 May, “News and Comment: End of the Railway Clearing House”, in Modern Railways, page 291:
2
Broadly, Figuratively A hub of collection, maintenance, and distribution of goods, information etc.
- The mixed load is likely to have come from Rotterdam, one of Europe's key clearing houses for drugs2011, Samuel West (narrator), Smugglers TV series (ep. 2),
3
A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data
- Derived terms
- automated clearing house
- Related terms
- inclearing, outclearing