EFTS Definition

Bookmark and Share

EFTS is Electronic Fund Transfer System.

Learn new Accounting Terms

FINANCIAL LEVERAGE is the use of debt to increase the expected return on equity. Financial leverage is measured by the ratio of debt to debt plus equity.

REPURCHASE AGREEMENT (REPO) is a contract in which an investor or securities dealer sells a United States security to a bank or other corporation and agrees to repurchase the security later at a specified time and price, including interest. The investment period ranges from one day to several months, and the purchaser earns interest competitive with money market rates.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.