Examlex
The eye is frequently compared with a camera. But, in many ways, the visual system is not like a camera. Explain why.
Collecting Bank
A collecting bank is a bank that handles the collection of payments on behalf of a depositor, including processing checks and drafts.
Federal Reserve Bank
The central banking system of the United States, responsible for determining national monetary policy and regulating financial institutions.
Depository Bank
A financial institution where securities and assets are stored and managed on behalf of their clients.
Holder in Due Course
A person or entity that has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be used against the original payee.
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