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The trader routed the batch of checks through the clearing house to ensure all participating banks' accounts were accurately settled by noon.
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The trader routed the batch of checks through the clearing house to ensure all participating banks' accounts were accurately settled by noon.
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Related words
clearing house
Noun
broadly
figuratively
Japanese Meaning
決済センター、清算機関：銀行やその他の金融機関が、小切手交換や口座決済などを行う中央の拠点。 / 比喩的に、商品の取引や流通の拠点となる場所。
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