Vocab Bloom Hub

clearing house

/ˈklɪərɪŋ haʊs/

1 entry

phrase

/ˈklɪərɪŋ haʊs/C1formalbusiness
  • ruФинансовое учреждение или система, которая облегчает обмен платежами, ценными бумагами или транзакциями между банками или другими финансовыми организациями, обеспечивая эффективный и безопасный перевод средств или активов.

A financial institution or system that facilitates the exchange of payments, securities, or transactions between banks or other financial entities, ensuring that funds or assets are transferred efficiently and securely.

  1. C1formal

    An institution that facilitates the exchange of payments, securities, or transactions between financial institutions.

    ruРасчетная палата

    • The clearing house processed millions of transactions today.
    • Banks use a clearing house to settle checks and electronic payments.
    • The central bank acts as a clearing house for interbank transfers.
  2. Information exchange centerB2formal

    An organization or system that collects and distributes information or resources to various parties.

    ruИнформационный центр

    • The research institute serves as a clearing house for scientific data.
    • This website is a clearing house for job listings in the tech industry.
    • The charity acts as a clearing house for donated goods.