Examlex
Nonprofit organizations primarily rely on three sources of funding: individual donations, corporate donations, and federal funds.
Instrument Value
The actual worth or significance of a financial document, like a stock or bond, in transactions.
Maker
The party in a financial transaction who creates or signs a promissory note, thereby agreeing to pay the note's value to a specified party.
Drawer
The person who writes or signs a bill of exchange, such as a check, thus creating a financial obligation.
Sight Draft
A financial instrument that is payable on presentation or sight to the drawer.
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