Examlex
Which of the following is the definition of hypnotic?
Certificate Of Deposit
A Certificate of Deposit (CD) is a financial product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
Multiple Endorsements
Refers to the practice in banking and finance where a document, such as a check, is signed over to another party multiple times.
Liable
Being legally responsible for something, typically referring to obligations in law.
Primary Liability
The direct and immediate responsibility to fulfill an obligation or repay a debt, without necessarily having recourse against others for reimbursement.
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