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In a Payment System,settlement Takes Place Before Clearance

question 11

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In a payment system,settlement takes place before clearance.


Definitions:

Psychopathology

The examination of mental illnesses focusing on their symptoms, origins, and therapeutic approaches.

Defense Mechanism

Psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety and unacceptable impulses and to maintain one's self-schema.

Freudian Theory

A set of psychoanalytic theories developed by Sigmund Freud, which emphasize the importance of unconscious processes and childhood experiences in shaping personality and behavior.

Defense Mechanisms

Strategies the ego uses to disguise or transform unconscious wishes.

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