noun

clearinghouse

clearinghouse

The bank sends checks to the clearinghouse.

The bank sends checks to the clearinghouse.

The website is a clearinghouse for job information.

The website is a clearinghouse for job information.

a clearinghouse for ((sth.)) an institution that processes (sth.) The site is a clearinghouse for data.

Synonyms: exchange, repository, information center

A compound of 'clearing' (the act of settling transactions) and 'house' (an institution).

Think of a 'house' where financial accounts or information are 'cleared' and sorted out.

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