ELECTRONIC FUNDS TRANSFER Definition

Bookmark and Share

ELECTRONIC FUNDS TRANSFER is a payment executed through computers.

Learn new Accounting Terms

SYNERGY is the working together of two or more things to produce an effect greater than the sum of their individual effects. For example, in the context of mergers, cost synergy is the savings in operating costs expected after two companies, who compliment each others strengths, join.

SLR see STATUTORY LIQUIDITY RATIO. SLR is an acronym with several other possible meanings, e.g., Stock Level Report, Stock Level Requirement, System Level Requirement(s), etc.

Suggest a Term

Enter Search Term

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