单词 | clearing house |
释义 | clearing house clearing house noun [C]
1 (Finance ) (also clearer, 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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