Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
financial organization | Yes | No | No | No |
clearing house | Yes | No | No | No |
financial organization (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 |