ELECTRONIC FUNDS TRANSFER Definition

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ELECTRONIC FUNDS TRANSFER is a payment executed through computers.

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PRESCRIBED SECURITY generally means any bond, debenture, stock, stock certificate, Treasury bill or other like security, or any coupon, warrant or other document for the payment of money in respect of such a security, issued by a government authority.

INBR see INCURRED BUT NOT REPORTED; could also mean Insurance Broker.

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