Electronic funds transfer systems. For example, in the United States, they may be referred to as "electronic checks" or "e-checks". In the United Kingdom, the term "bank transfer" and "bank payment" are used, while in several other European countries "giro transfer" is the common term. EFTs include, but are not limited to: Electronic funds transfer Electronic funds transfer (EFT) are electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff. According to the United States Electronic Fund Transfer Act of 1978 it is
Slang terms for money "bar", "coin", "folding stuff", "honk", "lolly", "lucre"/"filthy "Lucre", "moola/moolah", "paper", "scratch", "readies", "spondulicks/spondoolic(k)s/spondulix/spondoolies", and "wonga". "Quid" (singular and plural) is used for pound sterling or £, in British slang. It is thought to derive from the Latin phrase "quid pro quo". A pound (£1) may also be referred to as a "nicker" or "nugget" (rarer). Some other pre-decimalisation United Kingdom coins or denominations became commonly known by colloquial and slang terms, perhaps the most well known being "bob" for a shilling. A farthing was a "mag", a silver threepence was a "joey", and the later nickel-brass threepence was called a