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clearinghouse

/ˈklɪrɪŋhaʊs/ /ˈklɪərɪŋhaʊs/

Meanings
noun
A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.

Examples :

"The bank uses a clearinghouse to process checks from different banks quickly and efficiently. "
business finance economy organization

Related Words

Illustration financial

financial adjective

/faɪˈnænʃəl/

Related to finances.

"The financial situation at home has improved since my uncle started his new job. "

Illustration organizing

organizing verb

/ˈɔːrɡənaɪzɪŋ/ /ˈɔːrɡəˌnaɪzɪŋ/

To arrange in working order.

"I am organizing my books on the shelf by color. "

Illustration warehouse

warehouse noun

/ˈwerhaʊs/ /ˈwerˌhaʊs/

A place for storing large amounts of products. In logistics, a place where products go to from the manufacturer before going to the retailer.

"The company's warehouse is full of boxes of new toys ready to be shipped to stores. "

Illustration disseminates

disseminates verb

/dɪˈsemɪneɪts/ /dɪˈsɛməˌneɪts/

To sow and scatter principles, ideas, opinions, etc, or concrete things, for growth and propagation, like seeds.

"The teacher disseminates information to her students through lectures and handouts. "

Illustration university

university noun

/juːnɪˈvɜːsətiː/ /junɨˈvɝsəti/

Institution of higher education (typically accepting students from the age of about 17 or 18, depending on country, but in some exceptional cases able to take younger students) where subjects are studied and researched in depth and degrees are offered.

"My older sister is attending university to study engineering. "

Illustration different

different noun

/ˈdɪf.(ə)ɹ.ənt/

The different ideal.

"My family has a different ideal for my future than I do. "

Illustration distributing

distributing verb

/dɪsˈtɹɪbjutɪŋ/

To divide into portions and dispense.

"He distributed the bread amongst his followers."

Illustration efficiently

efficiently adverb

/ɪˈfɪʃəntli/ /ɛˈfɪʃəntli/

In an efficient manner.

"The students worked efficiently on their project, completing it ahead of schedule. "

Illustration extension

extension noun

/ɪkˈstɛnʃən/

The act of extending; a stretching out; enlargement in length or breadth; an increase

"The library offered an extension on the due date for the overdue books. "

Illustration collecting

collecting verb

/kəˈlɛktɪŋ/

To gather together; amass.

"Suzanne collected all the papers she had laid out."

Illustration information

information noun

/ˌɪnfəˈmeɪʃən/ /ˌɪnfəɹˈmeɪʃən/

That which resolves uncertainty; anything that answers the question of "what a given entity is".

"The information about the project deadline resolved my uncertainty; now I know what needs to be completed. "

Illustration repository

repository noun

/rɪˈpɑːzɪtɔːri/ /rɪˈpɑːzɪtri/

A location for storage, often for safety or preservation.

""The library is a repository for books, where they are stored and kept safe for everyone to read." "