Examlex
What are the functions of the larynx?
Clearing
The process of reconciling purchases and sales of various securities, commodities, or currencies and ensuring the correct transfer of funds.
Collection Float
The time period between when a check is deposited into a bank account and the funds become available.
Ledger Balance
represents the total balance in a general ledger account at the beginning of each day, including all transactions that have been posted.
Available Balance
The amount of funds in an account that is accessible for withdrawal or use, taking into account any holds or pending transactions.
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