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electronic commerce
(foldoc) | electronic commerce
e-commerce
(EC) The conducting of business
communication and transactions over networks and through
computers. As most restrictively defined, electronic commerce
is the buying and selling of goods and services, and the
transfer of funds, through digital communications. However EC
also includes all inter-company and intra-company functions
(such as marketing, finance, manufacturing, selling, and
negotiation) that enable commerce and use electronic mail,
EDI, file transfer, fax, video conferencing, workflow,
or interaction with a remote computer.
Electronic commerce also includes buying and selling over the
web and the Internet, {electronic funds
transfer}, smart cards, digital cash (e.g. Mondex), and all
other ways of doing business over digital networks.
[Electronic Commerce Dictionary].
(1995-10-08)
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