clearinghouse

noun

clear·​ing·​house ˈklir-iŋ-ˌhau̇s How to pronounce clearinghouse (audio)
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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Other potential mechanisms include robust licensing or royalty systems, such as creating a royalty clearinghouse (like the music industry's BMI or ASCAP) for efficient licensing and fair compensation. ArsTechnica, 25 Apr. 2025 The settlement calls for a clearinghouse to make sure any NIL deal worth more than $600 is pegged at fair market value, which has appeared to be a challenging set of numbers to settle on. Janie McCauley, Chicago Tribune, 7 Apr. 2025 The settlement is expected to include a $20.5 million salary cap for schools to directly compensate student athletes, roster limits, and backpay for former players; all third-party NIL deals over $600 will have to be vetted by an independent clearinghouse. Mac Engel, Fort Worth Star-Telegram, 6 Apr. 2025 The exact mechanics of this clearinghouse have not yet been determined, but the Power 4 conferences are trying to iron that out before these rules go into effect. Joe Sabin, Forbes.com, 5 Apr. 2025 See All Example Sentences for clearinghouse

Word History

First Known Use

1792, in the meaning defined at sense 1

Time Traveler
The first known use of clearinghouse was in 1792

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Cite this Entry

“Clearinghouse.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/clearinghouse. Accessed 4 Jun. 2025.

Kids Definition

clearinghouse

noun
clear·​ing·​house -ˌhau̇s How to pronounce clearinghouse (audio)
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 How to pronounce clearinghouse (audio)
: an institution that arranges for payment of checks owed by one bank to another

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