Examlex
The colors of all glowing objects have the same origin: They come from atoms and molecules that have been excited to states of high energy. Atoms in burning fireworks and stars become excited by absorbing energy as heat. They then throw off their excess energy as light. The colors emitted by an atom depend on how its electrons are arranged. So by investigating the colors an atom emits, we can determine its internal structure. Loretta Jones and Peter Atkins, Chemistry, 4th ed.
Financial Electronic Data Interchange
A system that allows the transfer of financial information between organizations in a standardized electronic format.
Direct Deposit
An electronic payment method where funds are transferred directly into the recipient's bank account, bypassing the need for physical checks.
Automatic Withdrawal
A banking process where funds are automatically taken from a bank account to fulfill a financial commitment.
Book Balance
The amount of money shown in a company's financial records, excluding any pending transactions.
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