Payment Glossary

DFI (Development Finance Institution)

A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.

Related Terms

  • Business Day

    Refers to any weekday with the exception of federal holidays.

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  • MTE (Machine Transfer Entry)

    An entry initiated at an electronic terminal, such as an automated teller machine (ATM). This entry can either be a debit or a credit.

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