token

(redirected from EMV)
Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia.

token

noun augury, auspice, chip, device, emblem, evidence, expression, favor, figurehead, indicant, indicator, keepsake, manifestation, memento, omen, portent, proof, relic, remembrance, sign, souvenir, symbol
See also: binder, bounty, brand, clue, coupon, denote, designation, device, expression, guaranty, indicant, indication, indicator, insignificant, manifestation, money, nominal, null, perquisite, pledge, precursor, prize, remembrance, security, specialty, symbol, symptom

TOKEN, contracts, crimes. A document or sign of the existence of a fact.
     2. Tokens are either public or general, or privy tokens. They are true or false. When a token is false and indicates a general intent to defraud, and it is used for that purpose, it will render the offender guilty of the crime of cheating; 12 John. 292; but if it is a mere privy token, as counterfeiting a letter in another man's name, in order to cheat but. one individual, it would not be indictable. 9 Wend. Rep. 182; 1 Dall. R. 47; 2 Rep. Const. Cr. 139; 2 Virg. Cas. 65; 4 Hawks, R. 348; 6 Mass. IR. 72; 1 Virg. Cas. 150; 12 John. 293; 2 Dev. 199; 1 Rich. R. 244.

TOKEN, commercial law. In England, this name is given to pieces of metal, made in the shape of money, passing among private persons by consent at a certain value. 2 Adolph. P. S. 175; 2 Chit. Com. Law, 182.

References in periodicals archive ?
Other technology experts familiar with the EMV issue point to a more basic reason for the delay: cost.
This means that as of October 1, 2015, the entity that is least prepared to support EMV bears the brunt of the liability of any fraudulent transaction that occurs at the point of sale.
Seek EMV training: To make the adoption a success, business owners should commit to training staff on the new features and functions of the EMV equipment.
The conversion to the EMV card, while not mandatory, is the right thing to do," says Mark Baumli, executive vice president for Wells Fargo Merchant Services.
The migration from magnetic stripe cards to EMV personalised cards by OMA Emirates allows us to adhere to strict EMV card specifications and standards and gives us the flexibility to scale up depending on market demands and our card business.
For EMV issuance, they typically send the cardholder data to a secure personalization bureau which does the data preparation and then produces the card.
If merchants fail to update their payment terminals so that they can read EMV cards and comply with specific standards by October 1, 2015, they--not the card-issuing companies--will have to assume liability for any fraudulent purchases.
In response to the market's uptake of EMV technology globally, the standards body has, for the first time, reported the figures by region.
Standard Chartered Bank is proud that we are meeting the CBB's requirement to migrate to the EMV chip card infrastructure in a timely manner," Standard Chartered Bank Bahrain chief executive officer Jonathan Morris said.
EMV chip technology is a key platform for the global payment industry, and this is a significant milestone for Standard Chartered in our overall migration from magnetic stripe cards to EMV chip cards.
Interoperability testing is performed at this new testing environment with EMV compliant terminals, and significantly contributes to smoother deployment and future implementations of J/Smart cards.