cashless society


cashless society
A society in which modern electronic credit and debit cards can be substituted for cash in all or nearly all purchases. See electronic funds transfer at point of sale

Big dictionary of business and management. 2014.

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  • cashless society — a society in which purchases of goods or services are made by credit card or electronic funds transferral rather than with cash or checks. Also called checkless society. [1970 75] * * * …   Universalium

  • cashless society — a society in which purchases of goods or services are made by credit card or electronic funds transferral rather than with cash or checks. Also called checkless society. [1970 75] …   Useful english dictionary

  • cashless society — A society in which modern electronic credit and debit cards can be substituted for cash in all or nearly all purchases. See: electronic funds transfer at point of sale …   Accounting dictionary

  • cashless society — /kæʃləs səˈsaɪəti/ (say kashluhs suh suyuhtee) noun a society which does not purchase goods and services by means of hard currency but rather by credit or debit cards, electronic funds transfer, etc …   Australian English dictionary

  • cashless society — /ˌkæʃləs sə saɪəti/ noun a society where no one uses cash, all purchases being made by credit cards, charge cards, cheques or direct transfer from one account to another …   Dictionary of banking and finance

  • cashless — cash‧less [ˈkæʆləs] adjective [only before a noun] BANKING a cashless system works without any money in the form of notes or coins being given from one person or company to another, for example by the use of bank transfer S or credit card S: •… …   Financial and business terms

  • cashless — [kash′lis] adj. designating or of financial transactions handled as by means of credit cards, bank transfers, and checks, with no money handed from person to person [some say we are headed toward a cashless society] …   English World dictionary

  • society — so‧ci‧e‧ty [səˈsaɪti] noun societies PLURALFORM 1. [uncountable] people in general, considered in relation to the structure of laws, organizations etc that make it possible for them to live together: • Society may decide that it dislikes… …   Financial and business terms

  • cashless — adjective a) Having no money. They were the same winged messengers that out run cashless debtors, and cut short lovers dreams. b) Operating without the need for cash. It demanded taxes, which in a cashless society meant grain, cattle and, most… …   Wiktionary

  • cashless — cash|less [ˈkæʃləs] adj done or working without using money in the form of coins and notes ▪ a cashless pay system ▪ the cashless society …   Dictionary of contemporary English