Examlex
What is sprezzatura?
Net Float
The difference between checks written and deposited but not yet cleared, affecting a company's available cash balance.
Deposited
The act of placing money into a financial account or institution for safekeeping or to earn interest.
Cheques
Non-cash forms of payment that order a bank to pay a specific amount of money from a person's account to another individual or company's account.
Lockbox System
A service offered by banks to companies for the collection of payments from customers, utilizing a special post office box to speed up the deposit of checks.
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