Clearing bank



noun
(in Britain) any bank that makes use of the central clearing house in London for the transfer of credits and cheques between banks

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  • Clearing bath

    any solution for removing material from the surface of a photographic image, as silver halide, metallic silver, or a dye or stain.

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  • Clearing house

    a place or institution where mutual claims and accounts are settled, as between banks. a central institution or agency for the collection, maintenance, and distribution of materials, information, etc. Historical Examples Bidwell’s Travels, from Wall Street to London Prison Austin Biron Bidwell Torchy and Vee Sewell Ford Readings in Money and Banking Chester Arthur Phillips […]

  • Clearinghouse

    a place or institution where mutual claims and accounts are settled, as between banks. a central institution or agency for the collection, maintenance, and distribution of materials, information, etc. Contemporary Examples The Most Armed States The Daily Beast June 27, 2010



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