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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The 83-page document claimed that Musk, one of OpenAI’s earliest investors, invested over $44.5 million in OpenAI between May 2016 and September 2020 via a series of small wire transfers. Will McCurdy, PCMAG, 16 Nov. 2024 Records show the scam accelerated in the summer of 2023, when Hanes wired $47.1 million out of customer accounts in 11 wire transfers over just eight weeks. Martha Mendoza, Fortune, 5 Nov. 2024 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 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 6 Jan. 2025.

Last Updated: - Updated example sentences
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