Reversal

Reversal
  An ISO term. A message informing the sender of the original message that the message cannot be processed as instructed i.e. is undeliverable, unprocessable or cancelled by the receiver.
  A transaction type which is defined along side the normal posting set for a transaction. The reversal postings normally perform the exact opposite to those of the related posting set. For example a posting set for cash withdrawal may debit the customers account and credit a cash account. The reversal transaction will debit the cash account and credit the customers account for the same amounts. See also direct entry, transaction processing and Posting set.

International financial encyclopaedia . 2014.

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  • reversal — re·ver·sal n 1: an act or the process of reversing 2: an instance of reversing the reversal of the lower court s decision Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Reversal — can refer to: * Reversal film, a type of photographic film also known as slide or transparency film * Reversal of polarity * Sweep (grappling) in grappling, also known as a reversal *Reversal (film), a movie about wrestling * Reversal (options),… …   Wikipedia

  • Reversal — Re*ver sal, n. [From {Reverse}.] 1. The act of reversing; the causing to move or face in an opposite direction, or to stand or lie in an inverted position; as, the reversal of a rotating wheel; the reversal of objects by a convex lens. [1913… …   The Collaborative International Dictionary of English

  • réversal — réversal, ale, aux [ revɛrsal, o ] adj. • 1594; du lat. reversus, p. p. de revertere ♦ Diplom. LETTRES RÉVERSALES, ou ellipt réversales, contenant des concessions réciproques. ⇒RÉVERSAL, ALE, AUX, adj. DR., DIPLOM. [En parlant d un doc., d un… …   Encyclopédie Universelle

  • Reversal — Re*ver sal, a. [See {Reverse}.] Intended to reverse; implying reversal. [Obs.] Bp. Burnet. [1913 Webster] …   The Collaborative International Dictionary of English

  • réversal — réversal, ale (ré vèr sal, sa l ) adj. Il s est dit d un acte d assurance donné à l appui d un engagement précédent. Diplôme réversal. Lettres réversales, ou, substantivement, réversales.    Lettres réversales, ou réversales, se dit aussi de… …   Dictionnaire de la Langue Française d'Émile Littré

  • reversal — reversal, reversion Reversal is the noun corresponding to the verb reverse, and means primarily ‘the changing (of a decision)’, whereas reversion corresponds to the verb revert, as in The style represents a reversion to classical Japanese… …   Modern English usage

  • reversal — late 15c.; see REVERSE (Cf. reverse) (v.) + AL (Cf. al) (2) …   Etymology dictionary

  • reversal — adj. 2 g. 1. Que assegura ou garante promessa anterior. 2. cartas reversais: cartas pelas quais se faz uma concessão em troca de outra compensatória …   Dicionário da Língua Portuguesa

  • reversal — [n] about face annulment, backpedaling, cancellation, change in direction, doubleback, repeal, rescinding, retraction, switch, turnabout, turnaround, U turn, volte face; concept 697 …   New thesaurus

  • reversal — ► NOUN 1) a change to an opposite direction, position, or course of action. 2) an adverse change of fortune …   English terms dictionary

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