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Từ vựng:

clearing house

Giải nghĩa:

/ˈklɪrɪŋ haʊs/ – Phrase


Definition: Trung tâm thanh toán và xử lý giao dịch.

A more thorough explanation: a central office used by banks to settle their daily balances (eg by collecting and sending out money and cheques etc)

Example: It should be impossible for a clearing house to run into trouble if the market moves against it.