What does e-cash mean?

Definitions for e-cash
e-cash

This dictionary definitions page includes all the possible meanings, example usage and translations of the word e-cash.


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Wiktionary

  1. e-cashnoun

    money that is held, exchanged and represented in electronic form, and is used for transactions over the Internet

Wikipedia

  1. e-cash

    Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital currencies include cryptocurrency, virtual currency and central bank digital currency. Digital currency may be recorded on a distributed database on the internet, a centralized electronic computer database owned by a company or bank, within digital files or even on a stored-value card.Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical physical form of fiat currency historically that you can directly hold in your hand, like currencies with printed banknotes or minted coins - however they do have a physical form in an unclassical sense coming from the computer to computer and computer to human interactions and the information and processing power of the servers that store and keep track of money. This unclassical physical form allows nearly instantaneous transactions over the internet and vastly lowers the cost associated with distributing notes and coins: for example, of the types of money in the UK economy, 3% are notes and coins, and 79% as electronic money (in the form of bank deposits). Usually not issued by a governmental body, virtual currencies are not considered a legal tender and they enable ownership transfer across governmental borders.This type of currency may be used to buy physical goods and services, but may also be restricted to certain communities such as for use inside an online game.Digital money can either be centralized, where there is a central point of control over the money supply (for instance, a bank), or decentralized, where the control over the money supply is predetermined or agreed upon democratically.

Anagrams for e-cash »

  1. aches

  2. chase

  3. Chase

How to pronounce e-cash?

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Numerology

  1. Chaldean Numerology

    The numerical value of e-cash in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of e-cash in Pythagorean Numerology is: 9

Examples of e-cash in a Sentence

  1. Brian Wise:

    It's a whole lot easier to launder money with cash than having to go through a financial institution.

  2. Bruce Aylward:

    We run out of cash in mid-February, that is four or five months before that virus is going to stop in a best-case scenario, so it is a bit of a race against time right now.

  3. Darren Lekkerkerker:

    You need to really be careful about owning those stocks, because as the commodity price comes down, when they have a lot of leverage, cash flow is really going to come down too, no one wants to own stocks where they may need to do an equity issue in order to shore up the balance sheet.

  4. Shawn Kravetz:

    There's no question that life is about cash flow. Even if you are highly confident that you will eventually get paid, people will pull in their horns and hunker down.

  5. The CERT-UK spokesman:

    It is testing how we would react to 'x' scenario, how would our colleagues in the U.S. react to the same, (and) how would we then coordinate communications with each other, to the sector and within the sector, there will be no testing of cash machines coming down, banks coming down or anything like that.


Translations for e-cash

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"e-cash." Definitions.net. STANDS4 LLC, 2024. Web. 18 Mar. 2024. <https://www.definitions.net/definition/e-cash>.

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