clearinghouse

noun

clear·​ing·​house ˈklir-iŋ-ˌhau̇s How to pronounce clearinghouse (audio)
1
: an establishment maintained by banks for settling mutual claims and accounts
2
: a central agency for the collection, classification, and distribution especially of information
broadly : an informal channel for distributing information or assistance

Examples of clearinghouse in a Sentence

an online clearinghouse for information on museums around the world
Recent Examples on the Web His father attended classes at a church led by a pastor not mentioned on California’s program clearinghouse at all. Mackenzie Mays, Los Angeles Times, 30 Sep. 2024 Like Trump before him, Musk is able to act as a clearinghouse for the fringier ideas coming from the far-right fever swamps. Charlie Warzel, The Atlantic, 19 Sep. 2024 The company is actively working to grow its direct data connections to insurance companies and to limit its reliance on any single clearinghouse, says CEO Akshay Venkitasubramanian. Lucinda Shen, Axios, 12 Sep. 2024 The technology, for example, could eventually help big banks eliminate paper contracts, do away with clearinghouses, secure digital systems from cyberattacks, and quickly settle transactions—changes that could save such institutions hundreds of millions of dollars each year. Rebecca Liao, Foreign Affairs, 16 Aug. 2017 See all Example Sentences for clearinghouse 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'clearinghouse.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1792, in the meaning defined at sense 1

Time Traveler
The first known use of clearinghouse was in 1792

Dictionary Entries Near clearinghouse

Cite this Entry

“Clearinghouse.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/clearinghouse. Accessed 5 Nov. 2024.

Kids Definition

clearinghouse

noun
clear·​ing·​house -ˌhau̇s How to pronounce clearinghouse (audio)
1
: an institution run by banks for the exchanging of checks and claims
2
: a central agency for collecting and giving out information

Legal Definition

clearinghouse

noun
clear·​ing·​house ˈklir-iŋ-ˌhau̇s How to pronounce clearinghouse (audio)
: an institution that arranges for payment of checks owed by one bank to another

More from Merriam-Webster on clearinghouse

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