clearinghouse

noun

clear·​ing·​house ˈklir-iŋ-ˌhau̇s 

1

: an establishment maintained by banks for settling mutual claims and accounts

2

: a central agency for the collection, classification, and distribution especially of information

broadly : an informal channel for distributing information or assistance

Examples of clearinghouse in a Sentence

an online clearinghouse for information on museums around the world

Recent Examples on the Web

On July 1, deals that haven’t been paid out to athletes will have to be sent to Deloitte for clearinghouse approval if the settlement is approved. —Ryan Kartje, Los Angeles Times, 7 Apr. 2025

The settlement would put national NIL guidelines in place, mandating the recording of any third-party NIL payments over $600 to a clearinghouse run by the accounting firm Deloitte (more on that later). NIL collectives will be impacted by the settlement as well. —The Athletic College Football Staff, New York Times, 7 Apr. 2025

The settlement also includes the creation of a third-party clearinghouse that will be tasked with making determinations on if NIL deals are priced at fair market valuations. —Matt Rybaltowski, Forbes.com, 7 Apr. 2025

An international federation supported by public dollars serves as a clearinghouse for the top young players in the country. —Joe Vardon, New York Times, 6 Apr. 2025

Word History

First Known Use

1792, in the meaning defined at sense 1

Rhymes for clearinghouse

• boardinghouse
• charterhouse
• coffeehouse
• customhouse
• firehouse
• meetinghouse
• motherhouse
• packinghouse
• pilothouse
• powerhouse
• slaughterhouse
• summerhouse

Kids Definition

clearinghouse

noun

clear·​ing·​house -ˌhau̇s 

1

: an institution run by banks for the exchanging of checks and claims

2

: a central agency for collecting and giving out information

Legal Definition

clearinghouse

noun

clear·​ing·​house ˈklir-iŋ-ˌhau̇s 

: an institution that arranges for payment of checks owed by one bank to another