Share this entry
Automated Clearinghouse Syllabification: Au·to·mat·ed Clear·ing·house
Pronunciation: /ˌôdəˌmādid ˈkliriNGˌhous/

Definition of Automated Clearinghouse in English:


The electronic clearing and settlement system used for financial transactions by US commercial banks and other institutions.
Example sentences
  • These transactions are final within 24 hours and are covered only by the underlying rules and regulations of the National Automated Clearinghouse Association.
  • To change account information, simply complete an Automated Clearinghouse Application.
  • All processors transmit using the central Automated Clearinghouse, so you know your funds are secure.
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove ads and access premium resources