Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Banking > Electronic Check

Term: Banking -> Electronic Check
Term:

Electronic Check

Definition:

Electronic version of a paper check, including date, payee name, payment amount, and signature. Electronic checks (e-checks), currently being tested by several large banks, are meant for paying bills, transferring funds, or any purpose where a paper check is used today. Checks bear a digital signature security code proving payment was authorized by the account holder.

Related terms:

Penetration

Ending inventory

Useful articles:
»4 Quick Promotional Tips for your Business that work!
»Tolerance
»Practice the Golden Rule of Referral Giving
»Work/Life Balance Tips for the Business Traveler


Hidden expenses
Investment
Car Cost


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Marketing
Business development, or the ability to bring new business into your organization, is one of the most crucial skills for today's top sales professionals. The following questions will test your busi... [ more... ]
Marketing
Effectively reading non-verbal messages can dramatically improve your sales relationships, as well as your sales results.

Everyone communicates on two levels, verbally and non-verbally... [ more... ]

Internet
When preparing to design your website, you must first decide on your website's focus.

If you're designing a mini-site, your website should focus on one particular product. However, con... [ more... ]

  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com