|
WordNet-Online
| ||||
Definitions from the WebClearinghouseDescription:A clearinghouse is a central agency or institution that facilitates the exchange, processing, and settlement of transactions between multiple parties. Senses:Sense 1:As a noun, a clearinghouse refers to an organization that acts as an intermediary for transactions, ensuring the smooth flow of information, payments, or documents between various parties. Example Sentence: The Clearinghouse for International Business Transactions is responsible for monitoring and processing all cross-border transactions. Sense 2:As a noun, a clearinghouse can also be a location or facility where transactions, information, or goods are centralized and processed. Example Sentence: The stock exchange operates as a clearinghouse for buying and selling securities. Sense 3:As an adjective, clearinghouse describes something popular, central, or widely recognized. Example Sentence: The park's annual music festival has become a clearinghouse event for showcasing local talent. Sense 4:As a verb, to clear through a clearinghouse means to settle or finalize a transaction or process through the intermediary institution. Example Sentence: All financial transactions need to be cleared through the central clearinghouse before they are considered complete. | ||||
clearer clearest clearheaded clearifing clearing clearing bank clearing condition clearing house clearinghouse clearity cleark clearly clearness clears clearstory clearwater clearway
|