Examlex
A contra-account is added to the account it offsets.
Certify
The act of officially recognizing someone or something as having met a particular standard or criteria.
Federal Reserve
The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and providing financial services.
Bill of Exchange
A written, unconditional order by one party (the drawer) to another (the drawee) to pay a certain sum, either immediately (a sight bill) or on a fixed date (a term bill), to a third party (the payee) or to bearer.
Draft
A draft refers to the compulsory enrollment of individuals into military service, or can refer to the preliminary version of a document or plan.
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