Source : Free On-Line Dictionary of Computing

electronic commerce
     
         (EC) The conducting of business
        communication and transactions over networks and through
        computers.  As most restrictively defined, electronic commerce
        is the buying and selling of goods and services, and the
        transfer of funds, through digital communications.  However EC
        also includes all inter-company and intra-company functions
        (such as marketing, finance, manufacturing, selling, and
        negotiation) that enable commerce and use {electronic mail},
        {EDI}, file transfer, fax, {video conferencing}, {workflow},
        or interaction with a remote computer.
     
        Electronic commerce also includes buying and selling over the
        {World-Wide Web} and the {Internet}, {electronic funds
        transfer}, {smart cards}, {digital cash} (e.g. Mondex), and all
        other ways of doing business over digital networks.
     
        [{Electronic Commerce Dictionary}].
     
        (1995-10-08)