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eft

   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Wikipedia, Hutchinson 0.03 sec.
eft: see newt newt, name for members of a large salamander family, widely distributed in the Northern Hemisphere and including the common European salamanders. Newts are lizardlike in shape and are usually under 6 in. (15 cm) long including the slender tail.
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(Electronic Funds Transfer) The transfer of money from one account to another by computer. See ACH.


EFT - electronic funds transfer

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Patricia Carrington in her June 2004 EFT News & Innovations newsletter, that is changing.
The protectserver orange eft is a hardware based provider of cryptographic services especially designed for the security needs of ATM and EFTPOS systems.
During the past several years Pearson has added to its London-based publishing operation by the expansion of EFT in the U.
 
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