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单词 clearing house
释义 clearing house

clearing house noun [C]

1 (Finance ) (also clearer, informal)

an organization that exchanges payments between customers of different banks:

The clearing house exchanges cheques worth over $20 billion every day.

an automated clearing house (= one that uses a computer system to deal with payments)

2 (Finance )

an organization that manages the exchange of futures (= a contract to buy or sell a particular amount of sth at a particular time in the future and for a particular price), currencies, etc. between buyers and sellers:

All trades are cleared and guaranteed by the clearing house.

Members of the exchange must clear their trades through the clearing house.

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更新时间:2025/4/15 11:23:56