clearing house
Transaction processing hub
A clearing house is an intermediary institution that processes transactions between parties—originally banks settling checks, now also securities trades and other financial instruments.
The term extends to any central agency that collects and distributes information or resources: The organization serves as a clearing house for job listings in the nonprofit sector.
Also spelled clearinghouse.
Exchange of commodities
- reconciliationRestoration of friendly relations
- paymentFulfilling a financial obligation
- verificationProving something accurate
- documentationWritten proof or instructions
ledger · recordkeeping · audit · posting · invoice · adjustment · tally · compliance
Resolved dispute or colony
- nettingInterlaced open fabric
- counterpartyOther side in deals
- marginEdge of a page
- collateralSecurity for debt
default · liquidity · risk management · novation · exposure · mark-to-market · bilateral · multilateral
Transaction intermediary for hire
- agentOne who acts independently
- mediatorNeutral conflict resolver
- facilitatorNeutral process guide
- middlemanAgent linking two parties
conduit · liaison · go-between · hub · nexus · central · exchange · processing center
trade
Exchange of commodities
- reconciliationRestoration of friendly relations
- paymentFulfilling a financial obligation
- verificationProving something accurate
documentation · ledger · recordkeeping · audit · posting · invoice · adjustment · tally · compliance · contract
settlement
Resolved dispute or colony
- nettingInterlaced open fabric
- counterpartyOther side in deals
- marginEdge of a page
collateral · default · liquidity · risk management · novation · exposure · mark-to-market · bilateral · multilateral · derivatives
broker
Transaction intermediary for hire
- agentOne who acts independently
- mediatorNeutral conflict resolver
- facilitatorNeutral process guide
middleman · conduit · liaison · go-between · hub · nexus · central · exchange · processing center · coordination
- bankingbank, banks, ATM, ATMs, account
- tradingbid, buy, ask, sell, trading
- global financeinternational banking, financial hubs, central banks, capital flows, exchange rates
- investingstocks, stock, bonds, investing, investor
- stock marketstock, shares, stocks, trading, stock market
- Stock MarketsNYSE, NASDAQ, Tokyo Stock Exchange, stock exchange, Wall Street
clearing housedirect lender
Loan originator, no intermediary
principal · counterparty · end user · market maker · retail bank
clear, house, clearly, unclear, household, clarity, housing, cleared, clarify