What is a clearinghouse association?

Answer a voluntary group of banks located in the same city and having a mutual agreement to facilitate the daily exchange of checks, drafts and notes among themselves

Top Q&A For: What is a clearinghouse association

What is a brokerage clearinghouse?

Stocks and commodities are traded every day by millions of investment firms. These firms, in turn, have numerous clients who buy and sell stocks. High trade volumes between companies and investment... Read More »

How to Cite the ERIC Clearinghouse in APA?

There are various theories as to why Johnny (or Jenny) can't read. You'll find many of these theories on ERIC. Education Resources Center (ERIC) bills itself as "the world's largest digital library... Read More »

What are the legal disclosure obligations of a Home owners association to a seller member of that Homeowners association?

You may be referring to an inclusion in the purchase/sale agreement documentation packet which details the status of the unit and documents the status of certain business aspects of the association... Read More »

What is the difference between a Condominium Homeowners Association and a Townhouse or Plan Unit Development Homeowners Association?

A condo or townhouse Homeowners' Association (HOA) governs a group of condos, wherein the association is responsible for the maintenance of the outside of the building(s), landscaping, and utilitie... Read More »