Verrechnung — meaning in English
German → English · translate English → German instead
English meaning
- clearing noun An open area within a forest or wooded area with no trees.
Senses
Verrechnung is used for these senses in English:
- clearing (banking, finance) A process of exchanging transaction information and authorisation through a central institution or system to complete and settle those transactions.
clearing — full definition
- noun An open area within a forest or wooded area with no trees.
- noun The processing of financial transactions, such as checks or payments, through a central system.