A nationwide electronic funds transfer network that lets financial institutions distribute electronic credit and debit entries to bank accounts and settle them. The ACH enables banks to settle accounts with other banks.
Automatic Clearing House - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
Link to this page
Cite this page
MLA Style
"Automatic Clearing House." YourDictionary, n.d. Web. 31 May 2019. <https://www.yourdictionary.com/automatic-clearing-house>.
APA Style
Automatic Clearing House. (n.d.). Retrieved May 31st, 2019, from https://www.yourdictionary.com/automatic-clearing-house
