giro


giro
1) A banking arrangement for settling debts that has been used in Europe for many years. In 1968 the Post Office set up the UK National Girobank (now Girobank plc) based on a central office in Bootle, Merseyside. Originally a system for settling debts between people who did not have bank accounts, it now offers many of the services provided by commercial banks, with the advantage that there are more post offices, at which Girobank services are provided, than there are bank branches. Also the post offices are open for longer hours than banks. Girobank also offers banking services to businesses, including an automatic debit transfer system, enabling businesses to collect money from a large number of customers at regular intervals for a small charge. Bank Giro is a giro system operated in the UK, independently of Girobank, by the clearing banks. It has no central organization, being run by bank branches. The service enables customers to make payments from their accounts by credit transfer to others who may or may not have bank accounts. Bancogiro is a giro system in operation on the Continent, enabling customers of the same bank to make payments to each other by immediate book entry.
2) A colloquial name for a payment made by the UK Department for work and pensions to a person in need of financial support.

Big dictionary of business and management. 2014.

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  • giro — s.m. [lat. gȳrus, gr. gŷros ]. 1. [linea che limita una superficie: lo spiazzo ha un g. di 20 metri ; il g. delle mura ; cappello stretto di g. ] ▶◀ Ⓣ (geom.) circonferenza, Ⓣ (geom.) perimetro. 2. [atto ed effetto del girare, movimento… …   Enciclopedia Italiana

  • Giro — (italienisch: Kreis, Drehung, Umlauf, Rundfahrt von griech. Gyros) steht für: bargeldloser Zahlungsverkehr mittels Verrechnung von einem Konto auf ein anderes, siehe Girokonto ein US amerikanischer Sportartikelhersteller für Ski und Fahrradhelme… …   Deutsch Wikipedia

  • giro — sustantivo masculino 1. Acción y resultado de girar: La bailarina danzaba dando giros sobre sí misma. El coche dio un giro repentino. 2. Orientación o dirección que toma una cosa: El giro de la situación política nacional ya se esperaba. 3. Área …   Diccionario Salamanca de la Lengua Española

  • giro — gi‧ro [ˈdʒaɪrəʊ ǁ roʊ] noun [uncountable] also National Giro BANKING in Britain and some other countries, a system for sending money electronically from one bank account to another: • You can pay your gas bill by giro …   Financial and business terms

  • Giro — Sn erw. fach. (17. Jh.) Entlehnung. Entlehnt aus it. giro m., eigentlich Kreis, Umlauf , dieses aus l. gӯrus m. Kreis , aus gr. gỹros m. Bezeichnet wird damit der Umlauf der bargeldlosen Zahlungsmittel; geläufig vor allem das Kompositum Girokonto …   Etymologisches Wörterbuch der deutschen sprache

  • Girò B&B — (Катания,Италия) Категория отеля: Адрес: Via Antonino Di Sangiuliano 82, 95131 Катания, Ит …   Каталог отелей

  • giro — girõ interj. raginimo žodis gyvulius girdant: Girõ! girõ! Pg …   Dictionary of the Lithuanian Language

  • giro — Element prim de compunere savantă cu semnificaţia cerc , rotativ . [var. gir . / < fr. gyro , cf. gr. gyros]. Trimis de LauraGellner, 17.04.2005. Sursa: DN  GIRO elem. gir2(o) . Trimis de raduborza, 15.09.2007. Sursa: MDN …   Dicționar Român

  • Giro — »Überweisung im bargeldlosen Zahlungsverkehr; Übertragungsvermerk auf einem Orderpapier«, besonders in Zusammensetzungen wie »Girobank, Girokasse, Girokonto«: Das Wort der Kaufmannssprache wurde im 17. Jh. aus it. giro »Kreis, Umlauf (besonders… …   Das Herkunftswörterbuch

  • gīrō- — *gīrō , *gīrōn, *gīra , *gīran, *geirō , *geirōn, *geira , *geiran germ., schwach Maskulinum (n): nhd. Geier; ne. vulture; Rekontruktionsbasis: as., ahd.; Hinweis: s. *gīra ; Etymologie: s. ing. *g̑ʰē …   Germanisches Wörterbuch

  • giro — ► NOUN (pl. giros) 1) a system of electronic credit transfer involving banks, post offices, and public utilities. 2) a cheque or payment by giro, especially a social security payment. ORIGIN Italian, circulation (of money) …   English terms dictionary