Maryland Statutes
Subtitle 1 - Subject Matter and Definitions
Section 4A-105 - Other Definitions

(a)    In this title:
        (1)    “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.
        (2)    “Bank” means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company. A branch or separate office of a bank is a separate bank for purposes of this title.
        (3)    “Customer” means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders.
        (4)    “Funds–transfer business day” of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders.
        (5)    “Funds–transfer system” means a wire transfer network, automated clearing house, or other communication system of a clearing house or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.
        (6)    Reserved.
        (7)    “Prove” with respect to a fact means to meet the burden of establishing the fact (§ 1–208(b)(8)).
    (b)    Other definitions applying to this title and the sections in which they appear are:

“Acceptance”
§ 4A-209
“Beneficiary”
§ 4A-103
“Beneficiary’s bank”
§ 4A-103
“Executed”
§ 4A-301
“Execution date”
§ 4A-301
“Funds transfer”
§ 4A-104
“Funds-transfer system rule”
§ 4A-501
“Intermediary bank”
§ 4A-104
“Originator”
§ 4A-104
“Originator’s bank”
§ 4A-104
“Payment by beneficiary’s bank to beneficiary”
§ 4A-405
“Payment by originator to beneficiary”
§ 4A-406
“Payment by sender to receiving bank”
§ 4A-403
“Payment date”
§ 4A-401
“Payment order”
§ 4A-103
“Receiving bank”
§ 4A-103
“Security procedure”
§ 4A-201
“Sender”
§ 4A-103

    (c)    The following definitions in Title 4 of this article apply to this title:

“Clearing house”
§ 4-104
“Item”
§ 4-104
“Suspends payments”
§ 4-104

    (d)    In addition, Title 1 of this article contains general definitions and principles of construction and interpretation applicable throughout this title.