HomeDefinitionsCompareDebt Automatic funds transferThe financial definition for Automatic funds transfer:A transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology. Similar MatchesAutomatic Data Processing (ADP)Automatic Data Processing (ADP)Acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners. Automatic exerciseAutomatic exerciseA protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf of the holder. Automatic extensionAutomatic extensionAn automatic extension of time granted to a taxpayer to file a tax return. Further SuggestionsAutomatic reinvestmentAutomatic stay Automatic withdrawal National Association of Securities Dealers Automatic Quotation System (Nasdaq) Click to compare definitions of Automatic funds transfer Click to view definitions beginning au |