automated clearing house

noun

A nationwide electronic funds transfer system that provides for interbank clearing of electronic payments, such as credit-card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking or savings account.

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Meanings

nounautomated clearing house (plural automated clearing houses)

plural automated clearing houses

  1. businessA nationwide electronic funds transfer system that provides for interbank clearing of electronic payments, such as credit-card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking or savings account.
Cite this entry
APA

automated clearing house. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/automated%20clearing%20house

MLA

“automated clearing house.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/automated%20clearing%20house. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “automated clearing house,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/automated%20clearing%20house.

Source: automated clearing house on Wiktionary, CC BY-SA 4.0.