Financial Innovation

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Definition: Financial Innovation

Financial Innovation
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Full Definition of Financial Innovation

The creation of new technological advances in the financial products market. The implementation of an online banking system that allows a user to instantly transfer money from multiple accounts is considered an instance of financial innovation.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/financial-innovation/
Modern Language Association (MLA):
Financial Innovation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 19, 2024 https://payrollheaven.com/define/financial-innovation/.
Chicago Manual of Style (CMS):
Financial Innovation. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/financial-innovation/ (accessed: December 19, 2024).
American Psychological Association (APA):
Financial Innovation. PayrollHeaven.com. Retrieved December 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/financial-innovation/

Definition Sources

Definitions for Financial Innovation are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.