Examlex
Both structural and frictional unemployment occur in the absence of cyclical unemployment.
Specified Amount
denotes a particular sum of money that is clearly stated in a contract or agreement.
Draft
An initial version of a document or plan that is subject to revisions and improvements.
Drawer
The person who writes or issues a check or draft, instructing a bank to pay a specified sum of money to a specified person or entity.
Payee
An individual or entity that is designated to receive a payment or financial transaction.
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