What does e-money mean?

Definitions for e-money
e-mon·ey

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


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Wiktionary

  1. e-moneynoun

    The virtual money used in e-banking.

Wikipedia

  1. e-money

    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.

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Numerology

  1. Chaldean Numerology

    The numerical value of e-money in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of e-money in Pythagorean Numerology is: 5

Examples of e-money in a Sentence

  1. Treasury Secretary Steven Mnuchin:

    I am assuring the American public, they need the money now.

  2. Carrie Morris:

    For me, at 26, that is a lot of money, but it’s an expense I would never consider cutting from my budget, working out is a huge stress reliever for me.

  3. Soriya Cohen:

    I can't even imagine such a desecration. Imagine if that was your spouse, your parent or your grandparent and to make money, they built on top of it, i'm asking people to respect that and respect the families and the people who have already suffered so much and not to add to our pain.

  4. Mauricio Santoro:

    You could run this place for more than a year with that money.

  5. Parker Conrad:

    We never had enough money—or we were always too cheap—to hire any kind of administrative staff, so [my co-founder] and I were always the ones dealing with sending out offer letters, setting people up on payroll or signing them up for health insurance. It was a couple of hours per month that I deeply resented, i would stop off at Kinko’s on my way home to fax in their insurance applications, because that was the only way to get things in to the insurance company. I remember every time thinking, ‘This is ridiculous. I can’t believe they don’t have systems for this.’.

Translation

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"e-money." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/e-money>.

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