automated clearing house
Word Rarity
Rare
Frequency: Zipf frequency 3.67 in modern English
31
Scrabble Score
22
Letters
7
Syllables
15
Unique Chars
Meaning
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.