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Clearing House
(redirected from clearing-house)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
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.
Clearing House
An agency or corporation on an exchange that settles transactions for a fee. Most exchanges have one ore more clearing houses that are charged with matching orders together, ensuring that delivery is made to the correct party, and collecting margin money. Because so many trades take place on an exchange in a given day, clearing houses exist to process what each party owes or is owed in a central location so that the fewest securities actually change hands. For example, suppose that a broker-dealer buys 1,000 shares of a security, and then, in a completely separate transaction, sells 700 of the same shares. At the end of the trading day, the clearing house would determine that the broker-dealer must only buy 300 shares as the other 700 belong to another party. Clearing houses receive a clearing fee in exchange for these services.


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Established in 1987, the clearing-house provides information about diseases of the kidneys and urologic system to people with these disorders and to their families, health care professionals, and the public.
Pregnancy, childbirth, and bladder control by Pamphlet by: National Institute of Diabetes & Digestive & Kidney Diseases
Digital commerce service Magex announced today a multi-million dollar upgrade to its existing financial clearing-house infrastructure allowing it to process over 200,000 registrations a day and 40 million transactions a month.
Magex Undergoes Multi-Million Dollar Upgrade; Financial Clearing ... by Business Wire
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