Market Trader Glossary Bank account advance payer

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02/03/2012: More than 4% on the DJI

01/27/2012: More than 8% on the DJI index in a month

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12/09/2011: Plus 41% in six months

12/02/2011: Plus 40% in a half of year on the S&P 500

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Market Trader Glossary: Preauthorized electronic debits (PAD)

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Term:

Preauthorized electronic debits (PAD)

Definition:

Debits to a bank Account in Advance by the payer. The payer`s bank sends payment to the payee`s bank through the Automated Clearing House (ACH) system.

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Great Sites:
SPDRs-Trading-System
DOW-Trading-System
Options-Trading-System
Mutual Fund-Trading-System

02/09/2012 - SV1n