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financial organisation vs clearing house

clearing house vs financial organisation

financial organisation and clearing house both are nouns.

Word NounAdjectiveVerbAdverb
financial organisation Yes No No No
clearing house Yes No No No
As nouns, clearing house is a hyponym of financial organisation; that is, clearing house is a word with a more specific, narrower meaning than financial organisation:
  • financial organisation: an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
  • clearing house: a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
financial organisation (noun) clearing house (noun)
an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
Difference between financial organisation and clearing house

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