Financial Transaction Network
/ˈfaɪnænʃəl trænˈzækʃən ˈnɛtwɜrk/
Definitions
- (n.) A system or infrastructure facilitating the transfer of monetary value between parties, subject to regulatory and legal oversight.
The financial transaction network processed millions of payments daily while complying with anti-money laundering laws.
Forms
- financial transaction network
- financial transaction networks
Related terms
See also
Commentary
Legal references to financial transaction networks often focus on regulatory compliance, risk management, and jurisdictional issues in cross-border transfers.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.