clearinghouse

The definition of a clearinghouse is a central office, either a physical office or an electronic office.

(noun)

  1. An example of a clearinghouse is a place where banks electronically exchange checks drawn against one another.
  2. An example of a clearinghouse is the central place where all key information is gathered, kept and distributed for a company.

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See clearinghouse in Webster's New World College Dictionary

noun

  1. an office maintained by a group of banks as a center for exchanging checks drawn against one another, balancing accounts, etc.
  2. a central office, as for the collection and dissemination of information

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