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Clearing house

noun

Noun

1
A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.
"The Railway Clearing House, which was established 120 years ago, was disbanded on March 31. [see "Further reading" for the Wikipedia article.]"
2
a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted wordnet
3
A hub of collection, maintenance, and distribution of goods, information etc. broadly, figuratively
"The mixed load is likely to have come from Rotterdam, one of Europe's key clearing houses for drugs"
4
A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data

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