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STP

STP

1 7.4
Automatic handling of payments from start to finish without manual work
  • noun
  • /ɛs ti pi/
  • Jargon
: procesamiento directo
  • If the bank deems the purchase amount to be significant and requires that the customer credit limit be raised, then it should do an STP (Straight Through Processing) and ask the customer whether to raise her limit.

Examples

  • Given a high enough injection pressure, one can put 1,000 cu ft of gas at STP into a pore space of 1 cu ft.

    Blog text (32)
  • Our financial systems have greatly improved efficiency thanks to STP, allowing for quicker transaction completions.

  • Soundgarden #1, AIC #2, STP #3

    Blog text (32)
  • More specifically (maybe I missed it), are we talking about the volume of CO2 at STP?

    Blog text (32)
  • With the implementation of STP, all transactions are processed automatically without the need for any manual input.

  • By utilizing STP, companies can streamline their operations and reduce the chances of human error in financial processing.

Surface Forms

STP singular
STPs plural

Etymology

STP stands for straight-through processing, a phrase that pictures a straight road where things go 'through' from start to finish without stopping or human help. That's why STP means transactions are handled automatically from beginning to end.