Examlex
The zygote consists of:
Checking Account
A bank account that allows for both deposits and withdrawals and is primarily used for daily transactions.
Contractual Agreement
A legally binding agreement between two or more parties, outlined in a document, that is enforceable by law.
FDIC
The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits in banks and thrift institutions for at least $250,000 per depositor, per bank.
Restrictive Indorsement
An endorsement on a negotiable instrument, like a check, that limits its use, such as specifying that the instrument must be deposited into a particular account.
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