Transcription of A glossary of terms used in payments and settlement systems
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Committee on Payment and settlement systems A glossary of terms used in payments and settlement systems March 2003 This publication is available only on the BIS website ( ). First edition published January 2001. Revised editions published July 2001 and March 2003. Bank for International Settlements 2003. All rights reserved. Brief excerpts may be reproduced or translated provided the source is cited. ISBN 92-9197-133-2 (online) CPSS glossary - March 2003 1 Foreword The Committee on Payment and settlement systems (CPSS) is publishing this comprehensive glossary of payment system terminology as a reference document for the standard terms used in connection with payment and settlement systems .
A glossary of terms used in payments and settlement systems March 2003 . ... terminology of payment systems is therefore a key requirement, not only for those involved in day-to- ... a securities loan and negotiates the terms with the borrower on behalf of a customer-owner.
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