clearing house noun3 •A central point where clearing banks and other financial firms exchange checks, settle accounts, etc.The Railway Clearing House, which was established 120 years ago, was disbanded on March 31. [see "Further reading" for the Wikipedia article.] — 1963 •A repository structure, physical or virtual, that collects, stores, and disseminates information, metadata, and data •(figurative) A hub of collection, maintenance, and distribution of goods, information etc.The mixed load is likely to have come from Rotterdam, one of Europe's key clearing houses for drugs — 2011 formsclearing houses