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-Ming and Qing dynasties
Marketable Securities
Financial instruments that can easily be converted to cash due to their high demand and short maturity period.
Lockbox System
A service offered by banks to companies for the receipt of payment from customers, under which payments are sent directly to a location accessible by the bank.
Processing Float
The time difference between when a transaction is initiated and when the funds are available in the account, affecting the usable balance.
Commercial Paper
Commercial paper refers to short-term, unsecured promissory notes issued by companies to finance their short-term liabilities.
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