Examlex
_____ create(s) situations that make acquiring new knowledge more challenging and with benefits that are less obvious in the short term.
Depositary Bank
The first bank to which an item is transferred for collection; the depositary bank may also be the payor bank.
Collection
The process of pursuing payments of debts owed by individuals or businesses, often conducted by creditors or agencies specialized in debt recovery.
Stop Payment Order
A request made to a bank to not process or cancel the payment of a check or transaction previously authorized.
Payor Bank
A bank by which an item is payable as drawn or accepted. It includes a drawee bank.
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