Examlex
A grievance is a charge by managers that the union is not abiding by the terms of the negotiated labor-management agreement.
Liability
The state of being legally responsible for something, particularly for debts or legal obligations.
Intermediary Bank
A financial institution that acts as a middleman between a payer's and a payee's banks, especially in international wire transfers.
Check Collection
The process of a bank or other financial institution obtaining the funds promised in a check from the check writer's bank.
Transferred
The act of moving or being moved from one place, position, person, or organization to another.
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