money service business

money service business, n. A nonbank entity that provides mechanisms for people to make payments or to obtain currency or cash in exchange for payment instruments. • Money service businesses do not accept deposits or make loans. They include money transmitters, payment instrument sellers, stored-value providers, check cashers, and currency exchangers. — Also termed nonbank financial institution; nondepository provider of financial services.

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词条贡献者

双语律师Virginia，国内知名法学院民商法专业，擅长翻译各类与公司与并购相关的法律文件。