EFTPOS

Definition:

Acronynm for Electronic Funds Transfer at Point of Sale. Payment is transferred usually from a checking account at the point of sale.

Nearby Terms

EFIC EFSF EFTPOS EG EGP

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Mortgage bond

A bond in which the issuer has granted the bondholders a lien against the pledged assets. See: Collateral trust bonds

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio