Clearinghouse Meaning
/klˈɪrɪˌŋhaʊs/Definition, CEFR level C1, pronunciation, examples, and quiz.
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Definition
nounAlternative form of clearing house.
"In Britain, back when the last mile referred only to a product’s transit from warehouse to shop, this journey began, most often, in the Midlands. This part of the country is a clearinghouse for millions of shipments every year."— 2019 November 21, Samanth Subramanian, “How our home delivery habit reshaped the world”, in The Guardian:
Sentence Examples
The company is a financial clearinghouse.
The clearinghouse processes all transactions.
The organization acts as a clearinghouse for information on environmental issues.
CEFR Practice Quiz
The financial ____ verified all transaction records before approving the loan.
CEFR Practice Quiz (Alternate)
The bank acts as a ____ for all the financial transactions.
Explore More C1 Vocabulary Words
CEFR Practice Quiz
The financial ____ verified all transaction records before approving the loan.
CEFR Practice Quiz (Alternate)
The bank acts as a ____ for all the financial transactions.