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== Definition ==
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=== Financial institution ===
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A '''receiver''' is
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{{Quote|[a]n individual, corporation, or other entity that has [[authorized]] a company or an [[originator]] to initiate a credit or debit entry to a [[transaction]] account belonging to the receiver held at its [[RDFI]].<ref>[[Information Society IT Examination Handbook]], Retail Payment Systems, App. B, Glossary.</ref>}}
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{{Quote|a natural person or an organization which has authorized an [[Originator]] to initiate an [[ACH]] entry to the Receiver’s account with the [[RDFI]]. A Receiver may be either a company or a [[consumer]], depending on the type of [[transaction]].<ref>"Understanding the ACH Network: An ACH Primer," at 1 ([http://www.ippay.com/downloads/ACH_101.pdf full-text]).</ref>}}
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=== Telecommunications ===
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A '''receiver''' is the listening device part of a telephone [[handset]].
 
A '''receiver''' is the listening device part of a telephone [[handset]].
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A '''receiver''' is
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{{Quote|[t]he [[equipment]] that receives incoming [[electrical signal]]s or [[modulated]] [[radio wave]]s and [[convert]]s them into the original [[audio]], [[video]] or [[data signal]]s.<ref>[[Eutelsat]], Glossary ([http://www.eutelsat.com/en/support/glossary/devices-hardware.html full-text]).</ref>}}
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== References ==
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<references />
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[[Category:Telecommunications]]
 
[[Category:Telecommunications]]
 
[[Category:Hardware]]
 
[[Category:Hardware]]
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[[Category:Definition]]
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[[Category:Financial]]

Latest revision as of 05:19, 7 November 2016

Definition[edit | edit source]

Financial institution[edit | edit source]

A receiver is

[a]n individual, corporation, or other entity that has authorized a company or an originator to initiate a credit or debit entry to a transaction account belonging to the receiver held at its RDFI.[1]
a natural person or an organization which has authorized an Originator to initiate an ACH entry to the Receiver’s account with the RDFI. A Receiver may be either a company or a consumer, depending on the type of transaction.[2]

Telecommunications[edit | edit source]

A receiver is the listening device part of a telephone handset.

A receiver is

[t]he equipment that receives incoming electrical signals or modulated radio waves and converts them into the original audio, video or data signals.[3]

References[edit | edit source]

  1. Information Society IT Examination Handbook, Retail Payment Systems, App. B, Glossary.
  2. "Understanding the ACH Network: An ACH Primer," at 1 (full-text).
  3. Eutelsat, Glossary (full-text).


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