wire transfer

noun

: a transfer of funds (as from one bank account to another) by electronic or formerly by telegraphic means
… has steadily built alliances with financial-service providers … enabling it to offer services such as bargain-priced money orders and wire transfers.Wendy Zellner

Examples of wire transfer in a Sentence

Recent Examples on the Web
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Conversely, payments made through gift cards or wire transfers are nearly impossible to recover once sent, which is why scammers frequently demand these methods. Lars Daniel, Forbes, 3 Dec. 2024 In that vein, the full $327,000 is due to Wood and her reps via wire transfer two business days after the settlement deal is fully executed — which would be November 27 if all goes to plan. Dominic Patten, Deadline, 26 Nov. 2024 Victims are then asked to send money via wire transfers or gift cards, methods that are nearly impossible to trace. Lars Daniel, Forbes, 20 Nov. 2024 Prosecutors say that the suspicious wire transfers began in 2019. Nate Gartrell, The Mercury News, 2 Oct. 2024 See all Example Sentences for wire transfer 

Word History

First Known Use

1878, in the meaning defined above

Time Traveler
The first known use of wire transfer was in 1878

Dictionary Entries Near wire transfer

Cite this Entry

“Wire transfer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wire%20transfer. Accessed 15 Dec. 2024.

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