Examlex
How many seismograph stations are needed to locate the epicenter of an earthquake?
Same Day Value
Financial transactions that are settled on the same day they are initiated.
Concentrator Account
A single centralized bank account that consolidates funds from various sources for the purpose of streamlined management.
Trustee Account
A type of account managed by a trustee who holds assets for the benefit of another party, ensuring the assets are managed in the beneficiary's best interest.
Short-term Securities
Financial instruments that are typically debt securities with maturities of one year or less, used for short-term financing needs.
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