LVPS and Labour: Difference between pages

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imported>Doug Williamson
(Create the page. Source: ACT ESA exam solution, April 2015, Q3.)
 
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Large Value Payment System.
''Economics''.


A funds transfer system which handles large value and high priority payments.
One of the factors of production in economics, the others classically being land, capital and enterprise.
 
In this context, 'labour' is defined as those people who are available to work in an economy, and who provide their skill, knowledge, physical and mental resources.




== See also ==
== See also ==
*[[BACS]]
* [[Factors of production]]
*[[CHAPS]]
* [[Land]]
*[[CHATS]]
* [[Capital]]
*[[Clearing House Automated Payment System]]
* [[Enterprise]]
*[[CLS]]
*[[Continuous linked settlement]]
*[[Faster Payments Service]] (FPS)
*[[Infrastructure]]
*[[LYNX]]
*[[SIPS]]
*[[Systemic risk]]
 
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 08:14, 22 June 2015

Economics.

One of the factors of production in economics, the others classically being land, capital and enterprise.

In this context, 'labour' is defined as those people who are available to work in an economy, and who provide their skill, knowledge, physical and mental resources.


See also