Examlex
Which of the following is an alternative possible service encounter included in the service-system design matrix?
Check Clearing
The process by which banks settle transactions by transferring money from the check writer's account to the recipient's account.
Federal Funds Rate
The interest rate at which banks lend reserve balances to other banks overnight, on an uncollateralized basis.
Discount Rate
The interest rate charged by central banks for short-term loans to commercial banks.
Chinese Government
The political leadership and governing bodies of the People's Republic of China, comprising the Communist Party, the state institutions, and the military.
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