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Identify and state the historical significance of Aaron Burr.
Lockbox System
A service provided by banks to companies for the collection of payments from customers, involving the use of a special address (PO Box) where customers send their payments.
Treasury Bills
Short-term U.S. government debt obligations with a maturity of one year or less, considered a safe and liquid investment.
Anticipated Daily Savings
Expected savings that are calculated based on daily expenditures, often used in budgeting and financial planning.
Disbursement Float
The time lag between the issuance of a check by a payer and the actual deduction of funds from the payer's account.
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