Examlex
Which term means the process of taking air into the lungs?
Cheques Clear
Refers to the process by which a bank verifies that the funds available in the account of the individual who wrote the cheque are sufficient to cover the amount, and subsequently moves those funds to the account of the cheque recipient.
Incremental Bad Debt
Additional losses expected from non-payment or default by borrowers beyond what was originally anticipated.
Bad Debt Losses
Financial losses a company incurs when it cannot collect payment from a borrower or customer.
Decline
A decrease in the value or quantity of something.
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