CLEARINGHOUSE
clearinghouse.
1. A place where banks exchange checks and drafts and settle their daily balances; an association of banks or other payors regularly clearing items. See UCC ¡ì 4-104(a)(4). [Cases: Banks and Banking 318¨C323. C.J.S. Banks and Banking ¡ì¡ì 647¨C649.]
2. A stock-and-commodity exchange where the daily transactions of the brokers are cleared.
3. Any place for the exchange of specialized information. ¡ª Also written clearing house.
How do Chinese lawyers translate the term CLEARINGHOUSE?
About LegalLingo
LegalLingo, a Shanghai-based translation agency, is a recognized leader in comprehensive legal language solutions for the legal industry. We provide the world’s leading law firms and corporate legal teams with a full suite of services, ranging from the translation of contracts and compliance documentation to full-scale multilingual litigation requiring certified translation and Chinese document review. We deliver customized legal document translation solutions based on your case’s size and budget requirements, utilizing industry-leading technology to ensure accuracy, lower costs and faster turnaround times.
