Examlex
For the purpose of a contract,who is a minor?
Clearing Process
The procedure by which financial trades settle; that is, the correct and timely transfer of funds to the seller and securities to the buyer.
Zero-Balance Account
A bank account which maintains a balance of zero by automatically transferring funds from a master account in an amount only large enough to cover checks presented.
BAT Model
A behavioral approach to financial modeling that incorporates psychological factors into market predictions.
Miller-Orr Model
A financial model used to manage cash balances and optimize the level of cash holdings by setting upper and lower limits within which the balance can fluctuate before triggering a transfer of funds.
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