clearing house

clearing house

See also: clearinghouse

English

Noun

clearing house (plural clearing houses)

1. A central point where clearing banks exchange checks etc and settle accounts
2. (figuratively, by extension) A hub of goods traffic
   • 2011, Samuel West (narrator), Smugglers TV series (ep. 2), :

     The mixed load is likely to have come from Rotterdam, one of Europe's key clearing houses for drugs

3. (GIS) A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

Translations

a central point where clearing banks exchange checks etc and settle accounts

French: chambre de compensation (fr) f Greek: γραφείο συμψηφισμού n (grafeío sympsifismoú)

Italian: stanza di compensazione Spanish: cámara de compensación f

a repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

Spanish: centro de intercambio m

Related terms

• inclearing
• outclearing

References

• Wade, T. and Sommer, S. eds. A to Z GIS