Meaning of “chaps” in the English Dictionary

business-english dictionary

"chaps" in American English

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chapsplural noun

us /tʃæps, ʃæps/

(Definition of “chaps” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"CHAPS" in Business English

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CHAPSnoun

uk /tʃæps/ us

BANKING abbreviation for Clearing House Automated Payment System: in the UK, an electronic system used for paying money from an account in one bank to someone else's account in another bank on that same day:

CHAPS payment/transfer Banks may charge a fee for a CHAPS transfer.

(Definition of “CHAPS” from the Cambridge Business English Dictionary © Cambridge University Press)