Definition: Interquartile range is the measure of dispersion which is the difference in the values of two quartiles. The Lower Quartile is denoted as Q 1 and the Upper Quartile is denoted as Q 3.
What is an eCheck? Essentially, an eCheck or electronic check is a form of online payment where money is electronically withdrawn from the payerâs checking account, transferred over the ACH network, and deposited into the payeeâs checking account.
For the 21st century currency, see Digital currency. Electronic money, or e-money, is the money balance recorded electronically on a stored-value card or other device. These cards have microprocessors embedded which can be loaded with a monetary value. Another form of electronic money is network money, software that allows the transfer of value on computer networks, particularly the internet.