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Payment transfers

Also: payment operations. Money debt payments. Payment transfers are said to be cashless when effected as accounting entries only, i.e. without transferring physical money.

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Related terms

payment transfers
Banking; Investment banking

Also: payment operations. Money debt payments. Payment transfers are said to be cashless when effected as accounting entries only, i.e. without transferring physical money.

transfers
Retail; Supermarkets

Products exchanged between retail stores in the same chain.

transfers
Economy; Economics

Payments that are made without any good or service being received in return. Much public spending goes on transfers, such as pensions and welfare benefits. Private-sector ...

dirty floating
Banking; Investment banking

Currency policy which in principle recognizes the free movement of exchange rates but where interventions are nonetheless made with some frequency in an attempt to influence the ...

economic viability
Banking; Investment banking

Credit system mainly used in property financing and defined as the burden on the borrower's income (expressed as a percentage) that the cost of a property will incur.

summary bill enforcement procedure
Banking; Investment banking

Especially rapid summary bankruptcy proceedings brought against bill and cheque debtors whose names are entered in the commercial register.

share index
Banking; Investment banking

Indicator showing changes in the average prices of shares or groups of shares on the stock market. In Switzerland the most commonly used equity price indices are the Swiss ...

benchmark
Banking; Investment banking

Reference parameter (e.g. a share index or an index portfolio) used to compare the performance of a portfolio. A benchmark that is an index is also called a reference index.

standing order
Banking; Investment banking

Payment product which enables the client to give an order to the bank to make regular payments for the same amount and execution date.

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