Examlex
The recursive binary search algorithm is a good example of repeatedly breaking a problem down into smaller pieces until it is solved.
Accounts Receivable
Financial obligations of customers towards a firm for delivered services or goods yet to be paid for.
Promissory Note
A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
Maker
In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.
Payee
The party in a financial transaction who receives payment.
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