Examlex
The federal government has no restrictions under the Constitution on its power to impair contracts since the Contract Clause restricts only actions of the states.
Collection Time
The average amount of time it takes for a business to receive payments owed by its customers after a sale has been made, indicative of a company's efficiency in collecting accounts receivable.
Short-term Securities
Securities that typically mature in one year or less, often used for investment with lower risk and short-duration goals.
Zero Balance Accounts
Bank accounts that automatically maintain a zero balance by moving funds from a master account in an amount only large enough to cover checks presented.
Master Account
A primary account that is used to manage multiple sub-accounts under a single umbrella, often for purposes of consolidation and easier management.
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