London Bankers' Clearing House, the


Definition: Meaning of, London Bankers' Clearing House, the in English to English dictionary.

Pronunciation: / ˈlʌndən ðə;ðɪ;ðiː /

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  1. in the UK, an organization owned by the large banks which deals with all the payments made every day using cheques, SWITCH etc, in order to find out how much each bank owes other banks
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