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Electronic exchange of currency through the internet
- Online payments refer to the electronic exchange of currency through the internet. These payments usually consist of the transfer of monetary funds from a customer's bank or debit or credit card account, into the seller's bank account, in exchange for products or services.
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An authoritative and comprehensive dictionary containing 2,500 key economic terms with clear, concise definitions. It covers all aspects of economics including economic theory, applied microeconomics and macroeconomics, labour economics, public economics and public finance, monetary economics, environmental economics, and many others.
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The Committee on Payment and Settlement Systems (CPSS) is publishing this comprehensive glossary of payment system terminology as a reference document for the standard terms used in connection with payment and settlement systems. It combines various glossaries appended to earlier reports by the CPSS and the European Central Bank (ECB).
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Capitalism: An economic system in which privately-owned companies and businesses undertake most economic activity (with the goal of generating private profit), and most work is performed by employed workers who are paid wages or salaries.
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In economics, a transfer is a payment of money without any goods or services being exchanged in return.
This is the dynamic online version of The New Palgrave Dictionary of Economics. Written by leading figures in the field including many Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists.
Economic Glossary is a list of over 2,000 common economic terms definitions. With our Economics dictionary, you look up economic definitions and increase your economic vocabulary.