Examlex
Glancing at the television to see if your favorite program has started yet would be an example of
Payee
A person to whom money is paid.
Electronic Funds Transfer System
A digital system that allows the transfer of money between accounts without the physical exchange of cash.
Debiting Accounts
The financial process of recording or entering an amount owed as a debt in an account, increasing the balance of that account.
Without Checks
Operating or proceeding without restrictions or controls, potentially leading to errors or issues.
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