- A password that is required to decipher encrypted data.
Related Terms and Acronyms
- Encryption — Definition,
- A method for ensuring the privacy and security of a consumer's personal finance information at a bank or financial institution Web site. Encryption is the process of scrambling data so that only the intended receiver can use it. To be effective, encryption needs to be used by both the sender and the receiver. Consumers should make sure it is being used when sending sensitive information. CanEquity uses a encrypted server for all of our online applications.
- Secure Socket Layer (SSL) — Acronym,
➥ Seen as 'https' in a web address (URL).
- A standard form of encryption used over the Internet for e-commerce and banking transactions.