clearing bank — A bank which is a member of the London Clearing House • • • Main Entry: ↑bank clearing bank noun A bank that is a member of the London Bankers Clearing House, through which it makes credit and cheque transfers to and from other banks • • • Main… … Useful english dictionary
clearing bank — ➔ bank1 * * * A bank that is a member of a national cheque clearing system. To clear a cheque means to process it so that the payee receives its value. Such systems can also involve clearing financial orders and standardized payment… … Financial and business terms
clearing bank — a bank that is a member of the Committee of London and Scottish Clearing Bankers. Collins dictionary of law. W. J. Stewart. 2001. clearing bank … Law dictionary
clearing bank — clearing ,bank noun count BRITISH a bank in the U.K. that does business with other banks through a clearing house … Usage of the words and phrases in modern English
clearing bank — clearing .bank n one of the banks in Britain that uses a clearing house when dealing with other banks … Dictionary of contemporary English
clearing bank — n (BrE) a bank that is a member of a clearing house: an organization that arranges for payments to be made between customers of different banks. There is a single clearing house for all cheques paid in Britain: the Cheque and Credit Clearing… … Universalium
clearing bank — UK / US noun [countable] Word forms clearing bank : singular clearing bank plural clearing banks British a bank that does business with other banks through a clearing house … English dictionary
clearing bank — clearing banks N COUNT The clearing banks are the main banks in Britain. Clearing banks use the central clearing house in London to deal with other banks … English dictionary
clearing bank — noun Brit. a bank which is a member of a clearing house … English new terms dictionary
Clearing Bank — Banken in Großbritannien, die sämtlich Mitglieder des London Bankers Clearing House sind. Aufgaben: Entgegennahme von Einlagen und Gewährung von Krediten. Ausgleichung der bei ihnen eingereichten Schecks durch Aufrechnung … Lexikon der Economics