Examlex
"Active competition for demanding customers in the home market keeps companies under pressure to constantly innovate." This statement is consistent with Michael Porter's thesis regarding the competitive advantage of nations.
Checkbook Balance
The current total amount of money available in a checking account, as recorded by the account holder in their checkbook.
Outstanding Checks
Checks that have been written and recorded in the account balance but have not yet been cashed or cleared by the bank.
Outstanding Deposit
Funds that have been received but not yet processed by a financial institution.
Bank Statement Balance
The total amount of money that is available in a bank account at a particular point in time, as recorded by the bank.
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