automated clearing houses

A form of automated clearing house — 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

noun
  1. pluralplural of automated clearing house
Cite this entry
APA

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

MLA

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

Chicago

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

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