CLEARING HOUSE • DICTIONARY ONE.COM • Definition of Clearing house

Add this Dictionary
to your website!
See more options...

/klˈɪrɪŋ haʊs/ Listen

noun

Clearing n.

The act or process of making clear. "The better clearing of this point."

A tract of land cleared of wood for cultivation. "A lonely clearing on the shores of Moxie Lake."

A method adopted by banks and bankers for making an exchange of checks held by each against the others, and settling differences of accounts. Note: In England, a similar method has been adopted by railroads for adjusting their accounts with each other.

The gross amount of the balances adjusted in the clearing house.

Clearing house, the establishment where the business of clearing is carried on. See above, 3.

See images of 'Clearing house'

Etymology of 'Clearing house'

Collaborative International Dictionary of English 0.48

Share |

Add this dictionary
to your browser search bar

"Clearing house" Quotes from Famous Books

... seize all ships laden with contraband goods. She claimed and enforced the right of search of foreign vessels, and compelled them to discharge two-thirds of their cargo at Venice, which thus became the clearing house of the whole Adriatic. She even appealed to the Pope for confirmation of her dominion over the sea.[576] Sweden and Denmark strove for a dominum maris Baltici; but the Hanse Towns of northern Germany secured the maritime supremacy in the basin, kept a toll-gate at its entrance, and levied ...

— Influences of Geographic Environment - On the Basis of Ratzel's System of Anthropo-Geography • Ellen Churchill Semple

... place in the home of the writer in 1896. The society meets once a month for the purpose of discussing the papers which each member in his turn is required to read. Representing as it does Lutherans of all kinds, species and varieties, it serves as a clearing house for the theological output of the members. It has been helpful in removing some of the misunderstandings that are liable to arise ...

— The Lutherans of New York - Their Story and Their Problems • George Wenner

... "take all the constitutionals you can get;" then in a loud voice: "Credit clearing house—come on, come on!" ...

— A Canadian Bankclerk • J. P. Buschlen

... explained that this Fund, and many other educational affairs, were in the hands of the Church's Board of Education. This Board, Marty heard, is a sort of educational clearing house for the whole church, and especially for Methodist schools of higher learning. It helps young people to go to college, and it helps the colleges to take care of the young people when they go, of course always ...

— John Wesley, Jr. - The Story of an Experiment • Dan B. Brummitt

... middle of August and eat up your surplus apples in Minnesota. It is a shame that farmers, fruit growers, etc., have spent years trying to grow apples in Minnesota and then we cannot get enough people to eat the apples. We are going to carry on the clearing house as we did last year, and if you want apples let us know. We can grow apples the same as we can grow peonies and strawberries, but it is a little hard to get them ...

— Trees, Fruits and Flowers of Minnesota, 1916 • Various