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Clearing house
Meaning
Noun
●
A
central point
where
clearing banks
and other financial
firms
exchange
checks
,
settle
accounts
, etc.
●
A
hub
of
collection
,
maintenance
, and
distribution
of
goods
, information etc.
●
A
repository
structure, physical or
virtual
, that
collects
,
stores
, and
disseminates
information,
metadata
, and data
Sourced from
Wiktionary
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