digital cash

Main Entry:  digital cash
Part of Speech:  n
Definition:  a system that allows one to pay for goods and services by transmitting a number from one computer to another, the number meaning real cash to issuing banks and also being anonymous, an advantage over credit card use; also called cybercash, digicash, e-cash, e-money
Example:  Digital cash is credit recorded in an electronic account which can be debited when a purchase is made over the Internet.
Usage:  computing
Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source
Explore Dictionary.com
Previous Definition: digital carrier
Next Definition: digital certificate
Words Near: digital cash
More from Thesaurus.com
Synonyms and Antonyms for digital cash
More from Reference.com
Search for articles containing digital cash
More from Dictionary.com Translator
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature