MLchartDataset catalogue

Automated clearing house

Term · Environment · MLC-T-ENV-002448

1. Electronic wire transfer system to pay recipients through the Federal Reserve System and their local bank (Replaced former letter of credit system.)

2. Federal payment mechanism that transfers cash to recipients of Federal assistance using electronic transfers from the Treasury through the Federal Reserve System.

Table 1. Record
IdentifierMLC-T-ENV-002448
FieldEnvironment
SubjectSocial and economic factors
AbbreviationACH
ReferencesRegion 9; 40 CFR 35.3505 (CFR 2018)
Record as JSON 
{
  "id": "MLC-T-ENV-002448",
  "term": "Automated clearing house",
  "field": "Environment",
  "term_source": "Automated Clearing House",
  "definition": "1. Electronic wire transfer system to pay recipients through the Federal Reserve System and their local bank (Replaced former letter of credit system.)\n\n2. Federal payment mechanism that transfers cash to recipients of Federal assistance using electronic transfers from the Treasury through the Federal Reserve System.",
  "abbreviation": "ACH",
  "subject": "Social and economic factors",
  "references": [
    "Region 9",
    "40 CFR 35.3505 (CFR 2018)"
  ],
  "url": "https://mlchart.com/terminology/environment/automated-clearing-house/"
}

Record 2,395 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.