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Automated clearinghouse


an electronic clearing and settlement system for electronic financial transactions among participating US commercial banks and depository institutions


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  • Automated

    to apply the principles of automation to (a mechanical process, industry, office, etc.). to operate or control by automation. to displace or make obsolete by automation (often followed by out): The unskilled jobs are going to be automated out. to install automatic procedures, as for manufacturing or servicing; follow or utilize the principles of automation: […]

  • Automated engineering design

    automated engineering design language (AED) (Or “ALGOL Extended for Design”) A systems language for the IBM 7090 and IBM 360 developed at MIT System Laboratory ca. 1965 by a team led by Douglas T. Ross (now at Softech). AED is an extension of ALGOL 60 with records (“plexes”), pointers, and dynamic allocation. DYNAMO II was […]

  • Automated grouping system

    automated grouping system tool, mathematics (AUTOGRP) An interactive statistical analysis system, an extension of CML. [“AUTOGRP: An Interactive Computer System for the Analysis of Health Care Data”, R.E. Mills et al, Medical Care 14(7), Jul 1976]. (1994-11-07)

  • Automated testing

    automated testing testing Software testing assisted with software tools that require no operator input, analysis, or evaluation. (2001-05-20)

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