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Definition of clearing house noun from the Oxford Advanced Learner's Dictionary

clearing house

noun

/ˈklɪərɪŋ haʊs/

/ˈklɪrɪŋ haʊs/

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a central office that banks use in order to pay each other money and exchange cheques, etc.Topics Moneyc2

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an organization that collects and exchanges information for other people or organizations

See clearing house in the Oxford Advanced American Dictionary

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Nearby words

adverb

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C1

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