Synonyms for

Clearinghouse

Verb / ˈklɪrɪˌŋhaʊs / Another word for clearinghouse — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

A central agency or bureau established by a group of banks or insurance companies to gather and distribute information about its industry or to provide various services for its members.

Synonyms & similar words

agency bureau center depot repository storehouse warehouse exchange hub interchange junction marketplace middleman transit transshipment transfer transmitter

Example sentences

  1. The clearinghouse is responsible for processing all the financial transactions.
  2. The clearinghouse provides a platform for the financial institutions to share information.
  3. The clearinghouse is a vital part of the banking industry.
  4. The clearinghouse ensures that all transactions are carried out securely.
  5. The clearinghouse helps to prevent fraud in the financial industry.

Quotes

  • The clearinghouse is the central nervous system of the derivatives market.
  • The clearinghouse is an essential part of the financial system.
  • The clearinghouse provides a vital service to the banking industry.

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