Examlex
The maximum dollar amount that a customer is allowed to carry as an accounts receivable balance:
Disclaimer
A statement that denies responsibility intended to limit legal liability or clarify that certain guarantees are not provided.
Effective
Having the intended or expected effect; capable of bringing about a desired result.
Reasonable Opportunity
A legal concept that refers to the fair chance given to all parties involved in a proceeding to present their case, access relevant information, and respond to evidence against them.
Stop-Payment Order
A request made to a bank to cancel a check or payment before it has been processed.
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