Giro
/id/Source Language: The language or dialect this term originates from (ID).Definition & Context
NounNoun
A word that functions as the name of a specific object or set of objects, such as living creatures, places, actions, qualities, states of existence, or ideas.
A banking product in the form of third-party funds where withdrawals can be made at any time using a check or “giro” slip.
Synonyms & Variants
demand deposit
Loan word from English commonly used in professional banking contexts in Indonesia.
rekening koran
Often used synonymously in the context of corporate cash management.
simpanan lancar
Technical banking term for funds with high liquidity that can be withdrawn at any time.
tabungan transaksional
Descriptive term for savings products focused on ease of withdrawal for operational needs.
bilyet giro
Specific technical term for the giro withdrawal instrument.
Usage Notes or Etymology
The term is borrowed from the Dutch giro, which originates from the Italian giro meaning circulation or rotation. In the context of Indonesian banking, this word refers to a mechanism for fund transfers or non-cash payments involving written instructions. Historically, the use of checks and giro slips became a vital instrument in formal business transactions to facilitate payment traffic between parties without the need to involve physical cash.
Real-world Usage
Perusahaan kami melunasi semua tagihan supplier tersebut menggunakan bilyet giro minggu ini.
English Translation
Representative of real-world usage and contextual accuracy.