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== Definition == |
== 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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| + | === 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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| + | == References == |
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| + | <references /> |
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Revision as of 04:56, 21 April 2012
Definition
Financial institution
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] | ” |
Telecommunications
A receiver is the listening device part of a telephone handset.
References
- ↑ Information Society IT Examination Handbook, Retail Payment Systems, App. B, Glossary.
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