clearing house

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clearing house

A corporation established by an exchange in order to facilitate the execution of trades by transferring funds, assigning deliveries, and guaranteeing the performance of all obligations. See also clearing-house statement.

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DEAL DONE: Agoura Hills-based Electronic Clearing House Inc.

IN BRIEF by Daily News (Los Angeles, CA)

ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement tools for financial institutions, announced that the Philippine Clearing House Corporation (PCHC) has chosen to implement its Image Capture, Archive, CD Distribution, Online Image Research and Returns solutions.

VSoft Corporation to Convert Philippine Clearing House to Check ... by Business Wire

The give-away guys at the two major magazine sweepstakes companies - Publishers Clearing House and American Family Publishers - may dole out as much as $21 million this week.

FIRMS GIVE BETTER THAN THEY GET\Sweepstakes companies see sagging ... by Daily News (Los Angeles, CA)

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