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LOTERRE

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Concept information

Preferred term

clearing houses  

Definition(s)

  • Clearing houses are institutions devoted to the exchange of information and the fulfillment of payment processing. A financial clearing house assures that two parties to a transaction do not default. [Source: Encyclopedia of Business in Today's World; Clearing Houses]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-WRHQ1M85-1

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