Examlex
Staff units and positions typically have more power and greater status in a company than line units and positions.
Joint Payee
Involves two or more parties being named on a financial instrument or payment, requiring endorsement or agreement from all named before processing.
Suspended
Temporarily halted or stopped, often with the possibility of being resumed in the future.
Indorsed in Blank
A signature on a negotiable instrument, such as a check or promissory note, without specifying a new owner, making it payable to the bearer.
Payable
Refers to an amount of money that is owed and should be paid, typically within a specific time frame.
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