Need another word for Clearinghouse? Use these synonyms of Clearinghouse from our thesaurus to say it differently.
Synonyms & Similar Words
interchange
exchange
hub
center
clearing
depot
warehouse
storehouse
repository
depository
intermediary
broker
agent
mediator
middleman
go-between
clearinghouse
exchange house
trading floor
trading post
marketplace
platform
medium
channel
conduit
pipeline
funnel
reservoir
tank
silo
bunker
magazine
arsenal
stockroom
stockyard
dock
wharf
terminal
station
agency
organization
institution
establishment
facility
clearing agency
clearing corporation
clearing organization
settlement house
settlement organization
Meaning of Clearinghouse
A clearinghouse is an organization or a place where transactions are processed and settled.
Definitions
- A company or organization that acts as an intermediary in the processing and settlement of financial transactions, typically between buyers and sellers.
- A place or system where information, goods, or services are collected, stored, and distributed.
Etymology of Clearinghouse
The word "clearinghouse" originated in the mid-19th century, derived from the idea of "clearing" or settling transactions, and "house" referring to a place or institution where this process takes place.
Historically, the term was first used in the context of banking and finance, where clearinghouses were established to facilitate the exchange and settlement of checks, drafts, and other financial instruments.
Example Uses
- The company acts as a clearinghouse for all international trade transactions, ensuring smooth and efficient settlement of payments.
- The library serves as a clearinghouse for information on local history, providing access to archives, documents, and other resources.
Antonyms & Near Antonyms
obstacle
barrier
hindrance
impediment
blockage
blockade
restriction
limitation
prohibition
ban
embargo
suspension
cessation
halt
stop
interruption
disruption
disturbance
turmoil
chaos
confusion
disorder
disorganization
mismanagement
inefficiency
ineffectiveness