ERPS and Money terms: Difference between pages

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Expedited Retail Payment System.
1. ''Inflation adjustment - comparison.''


An example is the UK's Faster Payment Service.
An amount stated in money terms is one which has <u>not</u> been restated to take account of the effects of inflation.
 
This is the most commonly used basis for measuring and quoting financial information, also known as 'nominal terms'.
 
Contrasted with ''real terms'' measures, which are inflation-adjusted ones.
 
 
2.  ''Quantification.''
 
An item measured, or expressed, as an amount of money.
 
Rather than on any other basis.




== See also ==
== See also ==
* [[BACS]]
* [[Aggregate money demand]]
* [[C&CCC]]
* [[Inflation]]
* [[Clearing House Automated Payment System]]
* [[Money]]
* [[Electronic commerce]]
* [[Nominal]]
* [[Faster Payments Service]]
* [[Notional]]
* [[Immediate payments and the impact on corporate treasurers]]
* [[Notional amount]]
* [[IMPS]]
* [[Notional principal]]
* [[LVPS]]
* [[Periodic rate]]
*[[Payment service provider]] (PSP)
* [[Real]]
* [[Payments and payment systems]]
* [[Real terms]]


[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Liquidity_management]]

Latest revision as of 23:45, 11 March 2023

1. Inflation adjustment - comparison.

An amount stated in money terms is one which has not been restated to take account of the effects of inflation.

This is the most commonly used basis for measuring and quoting financial information, also known as 'nominal terms'.

Contrasted with real terms measures, which are inflation-adjusted ones.


2. Quantification.

An item measured, or expressed, as an amount of money.

Rather than on any other basis.


See also