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Meaning of "electronic funds transfer" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF ELECTRONIC FUNDS TRANSFER

electronic funds transfer  [ɪlekˈtrɒnɪk fʌndz ˈtrænsfɜː] play
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GRAMMATICAL CATEGORY OF ELECTRONIC FUNDS TRANSFER

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Electronic funds transfer is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES ELECTRONIC FUNDS TRANSFER MEAN IN ENGLISH?

Electronic funds transfer

Electronic funds transfer is the electronic exchange, transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems. The term covers a number of different concepts; ▪ Cardholder-initiated transactions, using a payment card such as a credit or debit card ▪ Direct deposit payment initiated by the payer ▪ Direct debit payments, sometimes called electronic checks, for which a business debits the consumer's bank accounts for payment for goods or services ▪ Electronic Benefit Transfer ▪ Electronic bill payment in online banking, which may be delivered by EFT or paper check ▪ Electronic Fund Transfer System used for interlibrary loans ▪ Transactions involving stored value of electronic money, possibly in a private currency...

Definition of electronic funds transfer in the English dictionary

The definition of electronic funds transfer in the dictionary is a transaction made using electronic banking.

WORDS THAT RHYME WITH ELECTRONIC FUNDS TRANSFER


antifur
ˌæntɪˈfɜː
coiffeur
kwɑːˈfɜː
coinfer
ˌkəʊɪnˈfɜː
confer
kənˈfɜː
cotransfer
kəʊˈtrænsfɜː
defer
dɪˈfɜː
fir
fɜː
fur
fɜː
furr
fɜː
infer
ɪnˈfɜː
misinfer
ˌmɪsɪnˈfɜː
misrefer
ˌmɪsrɪˈfɜː
prefer
prɪˈfɜː
reconfer
ˌriːkənˈfɜː
refer
rɪˈfɜː
retransfer
ˌriːtrænsˈfɜː
transfer
trænsˈfɜː
underfur
ˈʌndəˌfɜː

WORDS THAT BEGIN LIKE ELECTRONIC FUNDS TRANSFER

electronic configuration
electronic countermeasures
electronic data processing
electronic editing
electronic engineer
electronic engineering
electronic file cabinet
electronic flash
electronic flight information systems
electronic footprint
electronic funds transfer at point of sale
electronic funds transfer system
electronic game
electronic graphics
electronic ignition
electronic ink
electronic keyboard
electronic mail
electronic mailbox
electronic music

WORDS THAT END LIKE ELECTRONIC FUNDS TRANSFER

balance transfer
bank transfer
buffer
chargeable transfer
chemin de fer
coach transfer
credit transfer
differ
do-it-yourselfer
gamete intrafallopian transfer
golfer
nuclear transfer
offer
on offer
photomechanical transfer
somatic cell nuclear transfer
special offer
subwoofer
suffer
surfer

Synonyms and antonyms of electronic funds transfer in the English dictionary of synonyms

SYNONYMS

Translation of «electronic funds transfer» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF ELECTRONIC FUNDS TRANSFER

Find out the translation of electronic funds transfer to 25 languages with our English multilingual translator.
The translations of electronic funds transfer from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «electronic funds transfer» in English.

Translator English - Chinese

电子资金转账
1,325 millions of speakers

Translator English - Spanish

transferencia electrónica de fondos
570 millions of speakers

English

electronic funds transfer
510 millions of speakers

Translator English - Hindi

इलेक्ट्रॉनिक फंड ट्रांसफर
380 millions of speakers
ar

Translator English - Arabic

تحويل الأموال الإلكترونية
280 millions of speakers

Translator English - Russian

электронных платежей
278 millions of speakers

Translator English - Portuguese

transferência eletrônica de fundos
270 millions of speakers

Translator English - Bengali

বৈদ্যুতিক তহবিল হস্তান্তর
260 millions of speakers

Translator English - French

transfert électronique de fonds
220 millions of speakers

Translator English - Malay

Pemindahan dana elektronik
190 millions of speakers

Translator English - German

elektronische Überweisung
180 millions of speakers

Translator English - Japanese

電子送金
130 millions of speakers

Translator English - Korean

전자 자금 이체
85 millions of speakers

Translator English - Javanese

Transfer dana elektronik
85 millions of speakers
vi

Translator English - Vietnamese

chuyển tiền điện tử
80 millions of speakers

Translator English - Tamil

மின்னணு நிதி பரிமாற்றம்
75 millions of speakers

Translator English - Marathi

इलेक्ट्रॉनिक निधी हस्तांतरण
75 millions of speakers

Translator English - Turkish

Elektronik Fon Transferi
70 millions of speakers

Translator English - Italian

trasferimento elettronico di fondi
65 millions of speakers

Translator English - Polish

pieniądz elektroniczny
50 millions of speakers

Translator English - Ukrainian

електронних платежів
40 millions of speakers

Translator English - Romanian

transferul electronic de fonduri
30 millions of speakers
el

Translator English - Greek

ηλεκτρονική μεταφορά κεφαλαίων
15 millions of speakers
af

Translator English - Afrikaans

elektroniese fondsoorplasing
14 millions of speakers
sv

Translator English - Swedish

elektronisk överföring
10 millions of speakers
no

Translator English - Norwegian

elektronisk overføring av midler
5 millions of speakers

Trends of use of electronic funds transfer

TRENDS

TENDENCIES OF USE OF THE TERM «ELECTRONIC FUNDS TRANSFER»

The term «electronic funds transfer» is regularly used and occupies the 84.769 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
61
/100
The map shown above gives the frequency of use of the term «electronic funds transfer» in the different countries.
Principal search tendencies and common uses of electronic funds transfer
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «electronic funds transfer».

FREQUENCY OF USE OF THE TERM «ELECTRONIC FUNDS TRANSFER» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «electronic funds transfer» during the past 500 years. Its implementation is based on analysing how often the term «electronic funds transfer» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about electronic funds transfer

EXAMPLES

10 ENGLISH BOOKS RELATING TO «ELECTRONIC FUNDS TRANSFER»

Discover the use of electronic funds transfer in the following bibliographical selection. Books relating to electronic funds transfer and brief extracts from same to provide context of its use in English literature.
1
Selected electronic funds transfer issues : privacy, ...
Security. in. Payment. Systems. Types of EFT Crime or Breaches of Security How Serious. conventional thefts from financial institutions. While there are some dangers that giving these problems higher visibility through public discussion may at ...
2
Business Law
ELECTRONIC FUNDS TRANSFER ACT Most banks have sought to substitute, when possible, electronic communications for a time- and paper-consuming check-collection process. Electronic funds transfer (EFT) is practically instantaneous.
Robert W. Emerson, 2009
3
Century 21 Accounting: General Journal
9 PAGE 17 Debit 2 DEBIT CREDIT 7 35000 35000 8 9 7 A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents is called electronic funds transfer. Many businesses use ...
Claudia Gilbertson, Mark Lehman, 2008
4
Fundamentals of Accounting: Course 1
Source Document 4 Date 1 Debit 2 Credit 3 A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents is called electronic funds transfer. Many businesses use electronic funds ...
Claudia Gilbertson, Mark W. Lehman, 2008
5
Principles of Information Systems
Electronic funds transfer (EFT) is a system of transferring money from one bank account directly to another without any paper money changing hands. It is used for both credit transfers, such as payroll payments, and for debit transfers, such as  ...
Ralph Stair, George Reynolds, 2009
6
Internet and Online Law
abuse, similar concerns have not prevented the courts from enforcing agreements reached via telex and telecopy transmissions.136 [f] — The Electronic Funds Transfer Act of 1978 In the regulatory arena, perhaps more than anywhere, there ...
Kent D. Stuckey, 1996
7
Finance of International Trade in the Gulf
Chapter 10 Electronic Funds Transfers (EFT) A. HISTORICAL BACKGROUND AND DEFINITION The era of Electronic Funds Transfer (EFT) began in the late 1960s when bankers first introduced the benefits of a new electronic system of ...
Ahmed Al-Suwaidi, 1994
8
Formulation of Appropriate Laws: A New Integrated ...
A New Integrated Multidisciplinary Approach and an Application to Electronic Funds Transfer Regulation Paul White, Sardar M. N. Islam. that the electronic payment market should be allowed to develop further on its own, the US Congress ...
Paul White, Sardar M. N. Islam, 2008
9
Payments, clearance, and settlement a guide to the systems, ...
Electronic Funds Transfer Electronic Funds Transfer (EFT) is the transfer of funds from one account to another by electronic rather than by paper-based instructions , such as checks. EFT can save time and money in the payment system by ...
10
The Regulatory Risk Management Handbook: Pricewaterhousecoopers
Electronic Funds Transfer Systems Electronic funds transfers play a major role in both wholesale and retail payment systems. An electronic funds transfer (EFT) includes any transfer of funds initiated through an electronic terminal, telephonic  ...
PricewaterhouseCoopers, 2001

10 NEWS ITEMS WHICH INCLUDE THE TERM «ELECTRONIC FUNDS TRANSFER»

Find out what the national and international press are talking about and how the term electronic funds transfer is used in the context of the following news items.
1
Online scams continue to victimize naive renters
The electronic funds transfer was cashed immediately — but the keys just never seemed to arrive. Another visit to the address turned up the ... «Hamilton Spectator, Jul 15»
2
Exporters, importers can now pay application fees for schemes online
The facility also allows electronic funds transfer from 53 banks, according to an official release. The facility was inaugurated by Commerce ... «Hindu Business Line, Jul 15»
3
Massive Payday Loan Fraud Scheme Stopped
The defendants allegedly violated the FTC Act, the Truth in Lending Act, and the Electronic Funds Transfer Act. Under the proposed settlement ... «Kansas City infoZine, Jul 15»
4
Large Inflow of Money Witnessed in Discover Financial Services
... teller machine (ATM), debit and electronic funds transfer network, and Diners Club International (Diners Club), its global payments network. «Money Flow Index, Jul 15»
5
CFPB Reports Continued Mortgage Servicing and Other Violations …
... Electronic Funds Transfer Act, Fair Debt Collection Practices Act, Fair Credit Reporting Act, and the deceptive acts and practices prohibition ... «JD Supra, Jul 15»
6
Simplifile Announces E-recording in Oregon's Hood River and …
Recording fees can be processed electronically through Simplifile's secure service via Automated Clearing House or electronic funds transfer, ... «Benzinga, Jul 15»
7
Zacks Rating on Fidelity National Information Services, Inc.
... processing, card issuer and transaction processing services, including the NYCE Network, a national electronic funds transfer (EFT) network. «American Trade Journal, Jul 15»
8
Proof The Book Of Revelation Is No Joke
“You see, Father,” he explained, “the program's whole structure is built upon what we are calling 'Electronic Funds Transfer' (EFT). Here's how ... «Western Journalism, Jul 15»
9
Simplifile Announces E-recording in Crawford County, Ark.
Recording fees can be processed electronically through Simplifile's secure service via Automated Clearing House or electronic funds transfer, ... «Benzinga, Jul 15»
10
Company Shares of Fidelity National Information Services, Inc …
... processing, card issuer and transaction processing services, including the NYCE Network, a national electronic funds transfer (EFT) network. «Insider Trading Report, Jul 15»

REFERENCE
« EDUCALINGO. Electronic funds transfer [online]. Available <https://educalingo.com/en/dic-en/electronic-funds-transfer>. Apr 2024 ».
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