Examlex
The flow of payments for purchases and sale of financial assets is included in the current account
balance of a nation.
Approving Payment
The process of confirming that an invoice or bill can be paid, often involving verification that the amount is correct and the goods or services were received.
Payment Duty
The obligation or requirement to make a payment to another party, often as part of a contractual agreement or as part of financial operations.
Bank Statement
A document or record provided by a bank detailing the transactions in a customer’s account over a specific period, including deposits, withdrawals, and balances.
Checking Account Balance
The amount of money currently available in one's checking account.
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