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What is the doctrine of dual federalism?
Credit Policy
A credit policy is the set of guidelines that a company follows to determine the creditworthiness of customers and the terms of credit to offer.
Cash Balances
The amount of cash or cash equivalents that a company or an individual holds.
Compensating Balances
Minimum balances that a business must maintain in its bank account as part of a borrowing arrangement with the bank.
Precautionary Balances
Cash balances held in reserve for random, unforeseen fluctuations in cash inflows and outflows.
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