ecurrency ecurrencies money for shopping and e-commerce ecommerce

Money Glossary

GMT

Home

glossary

affiliate

see referral

affiliate program

set of rules, established by system to pay certain fraction of referral income to referrer as bonus for introducing of new member to system

agio

storage fee

AUD

Australian Dollars

B2B, B2P

"business-to-business" and "bisuness-to-person" payments, i.e. ability of merchant to send funds to another merchant or buyer

business account

same as merchant account

buyer

system member, which sends funds to merchant; same as payer

cash

a) money in the form of coins or banknotes, especially that issued by a government
b) money or an equivalent, as a check, paid at the time of making a purchase.

CHF

Swiss franks

currency

something that is used as a medium of exchange, money:
in industrialized nations, currency is a portion of the national money supply, consisting of bank notes and government-issued paper money and coins, that does not require endorsement in serving as a medium of exchange; among less developed societies, currency can encompass a wide diversity of items (e.g., livestock, stone carvings, tobacco) used as exchange media

DGC

abbreviation for «digital gold currency» — kind of ecurrency (e-currency)

ecommerce or e-commerce

commerce conducted over the Internet, most often via the World Wide Web (WWW); ecommerce can apply to purchases made through the WWW or to business-to-business activities such as inventory transfers
more...

EFT

electronic funds transfer

emoney or e-money

see ecurrency (e-currency)

escrow payment

money held by a third party until the conditions of an agreement are met. For instance, pending the completion of a purchase, the payment for the goods will be held in escrow.

ESP

exchange services provider

EUR

euro

fiat money

paper currency made legal tender by a fiat of the government, but not based on or convertible into coin
See more explanations...

gambling

betting of money or valuables on, and often participation in, games of chance (some involving degrees of skill)

gaming

same as gambling

GBP

pounds of Great Britain

holding

account in GoldMoney system

JPY

Japanese Yen

karat

index of gold purity (1kt=4.167%):

24 karat gold — 100% gold (very soft)
18kt. — 75% (not tarnish and has a deeper color)
14kt. — 58.33%
12kt. — 50% Gold
10kt. — 41.6% Gold

Less than 10kt. in the US or less than 9kt. in the UK cannot be called gold.

merchant

system member, which accepts funds from buyer; same as payee

merchant account

account, which allows it's holder to accept payments from buyer; some accounts of this type can be also may have B2B and/or B2P features; same as business account

money

a) the abstract unit of account in terms of which the value of goods, services, and obligations can be compared
b) anything that is widely established as a means of payment.

MXN