© 2014 Shmoop University, Inc. All rights reserved.
 

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Clearinghouse

Definition:

An agency of a futures or options exchange that is responsible for settling trades, collecting margin funds, regulating delivery and reporting relevant data. A clearinghouse acts as the counterparty to all futures and options contracts, so it guarantees performance.

Advertisement
back to top