a b c d e f g h i j k l m n o p q r s t u v w y z search

TeachMeFinance.com - explain Clearing house balances historic definition... Clearing house balances -- The term clearing house balances means the payments required from banks to settle differences at the clearing house. Banks present the items (checks, drafts, etc.), which are collectable by them, receive in exchange the items payable by them, and then receive or pay the differences (balances). About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.