单词 | electronic funds transfer |
释义 | electronic funds transfer in British English (ɪlɛkˈtrɒnɪk fʌndz ˈtrænsfɜː ) or electronic transfer of funds noun ▶ USAGE The abbreviation for electronic funds transfer is EFT finance a transaction made using electronic banking While an electronic funds transfer may be a safe substitute for cash, it can costmoney to use. electronic funds transfer in American Englishnoun the use of telecommunications networks to transfer funds from one financial institution, as a bank, to another, or to withdraw funds from one's own account to deposit in a creditor's Abbreviation: EFT Word origin [1970–75]This word is first recorded in the period 1970–75. Other words that entered Englishat around the same time include: New Age, cornrow, postmodernism, salsa, stress testExamples of 'electronic funds transfer' in a sentence |
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