Define: Stored Value

How is Stored Value defined in a legal contract?

• Stored Value means the monetary value recorded in an electronic format. Seen in 65 SEC filings
• Stored Value means a claim against the issuer represented by a set amount of value, electronically recorded. Seen in 23 SEC filings
• Stored Value means a claim against the issuer represented by a monetary value, recorded electronically and intended for use as payment for goods or services. This term does not include payment instruments or stored value not made available to the public and used as part of a promotional program. Seen in 17 SEC filings
• Stored Value means a claim on the issuer represented by monetary value stored electronically, issued in exchange for funds or other assets for the purpose of processing payment transactions. This does not include value which can only be used to pay for specific goods or services. Seen in 16 SEC filings
• Stored Value means the residual value remaining in the ez-link stored value medium over time. Seen in 8 SEC filings
• Stored Value means money or monetary value in a digital electronic format, capable of being stored on an electronic medium in such a way that it can be retrieved and transferred electronically. Seen in 7 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of stored value' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Stored Value means a type of claim represented by a certain [amount] of monetary value, digitally recorded and transferable.

Relevant Contract Types

• Financial Services Agreement
• E-commerce Service Agreement
• Software Licensing Agreement
• Telecommunications Service Contract

Relevant Circumstances

• Prepaid Card Issuance
• Mobile Wallet Services
• E-commerce Payment Systems
• Digital Currency Transactions
• Gift Card Issuance
• Deposits in Online Gaming

Relevant Sectors

• Financial Services
• E-commerce
• Telecommunications
• Technology
• Retail

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Genie Definition 2

Stored Value means electronically recorded [amount] of monetary value, used for processing payment transactions excluding specific goods or services.

Relevant Contract Types

• Payment Processing Agreement
• E-commerce Service Agreement
• Merchant Services Agreement
• Software Licensing Agreement

Relevant Circumstances

• Credit Card Payment Processing
• Online Payment Gateway Services
• Merchant Account Services
• E-commerce Payment Systems
• Mobile Payment Services
• Peer-to-Peer Payment Services

Relevant Sectors

• Financial Services
• E-commerce
• Retail
• Technology

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