settle a transaction
1Structured settlement factoring transaction — A structured settlement factoring transaction describes the selling of future structured settlement payments (or, more accurately, rights to receive the future structured settlement payments). People who receive structured settlement payments… …
2internal transaction category — In the Single Platform context, this transaction category includes:· Intra entity settlement transactions when both parties to the transactions are members of the same ( I) CSD; Euroclear Clearing and Settlement glossary This covers: Euroclear… …
3internal transaction category — In the Single Platform context, this transaction category includes:· Intra entity settlement transactions when both parties to the transactions are members of the same (I)CSD; This covers: – intra Domestic transactions when both parties are using …
4Payment gateway — A payment gateway is an e commerce application service provider service that authorizes payments for e businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal… …
5BancNet Payment System — Infobox Interbank Network name = BancNet area = Philippines and China through China UnionPay foundation = 1994 members = 40 banks pos = Over 8,000The BancNet (BN) Point Of Sale System is a local PIN based electronic funds transfer (EFTPOS)… …
6Acquirer — 1. The firm which is purchasing a company in an acquisition. The acquirer is also known as a bidder. 2. A financial institution or merchant bank (a merchant acquirer) which is contacted to authorize a credit card or debit purchase. The acquirer… …
7Debit Balance — In a margin account, money owed by the customer to the broker for funds advanced to purchase securities. The debit balance is the amount of funds the customer must put into his or her margin account, following the successful execution of a… …
8Clearing House Funds — Money that passes between Federal Reserve Banks in the form of personal or business checks prior to approval of credit. These funds are in the process of clearing and reconciliation through a central processing mechanism. Because of this, they… …
9Payment system — A payment system is a system (including physical or electronic infrastructure and associated procedures and protocols) used to settle financial transactions in bond markets, currency markets, and futures, derivatives or options markets, or to… …
10Computers and Information Systems — ▪ 2009 Introduction Smartphone: The New Computer. The market for the smartphone in reality a handheld computer for Web browsing, e mail, music, and video that was integrated with a cellular telephone continued to grow in 2008. According to… …
