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. Curtis Edward Smith:

    I've had to take almost all that money just to bond myself out.

  2. Ipek Ozkardeskaya:

    But these levels of price swings on both sides, up and down, is a bad sign. There's no clear visibility on direction. We're still in a world where investors aren't really sure where to put money.

  3. Michael Sprung:

    In general, materials have not participated with the broader market in the last while. We may be seeing some of the money coming out of other sectors going into materials.

  4. Daniel Jimenez:

    This food saves me money because my little income goes to my rent, i haven't been working for three weeks. I have a little money saved but I'm paying rent, gas, and cellphone bills. I don't even know when we're going back to work.

  5. Ken Moore:

    They [Citigroup’s blockchains] are all within the labs just now, so there is no real money passing through these systems yet, they are at a pre-production level, to be clear.

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"e-money." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/e-money>.

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