clearing bank

Definitions

Accounting

• noun a bank which clears cheques, especially one of the major UK high Street banks, specialising in usual banking business for ordinary customers, such as loans, cheques, overdrafts and interest-bearing deposits

Economics

• noun a bank which clears cheques, one of the major High Street banks, specialising in normal banking business for ordinary customers (such as loans, cheques, overdrafts and interest-bearing deposits)

Law

• noun a bank which clears cheques by transferring money from the payer’s account to another account

Nearby Definitions of “clearing bank”

• clam
• clamp
• class
• classification of 1855
• clear
• clearing bank
• Clemence Dane
• clerk
• cliché
• client
• Clifford Odets

Contexts for “clearing bank”

3 definitions in context
• Accounting
• Economics
• Law