Key Terms Instructions: Please Define the Following Key Terms

question 79

Essay

Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Somme

---

Definitions:

Collection

The process of pursuing payments of debts owed by individuals or businesses.

Item

A single distinct object or unit, especially when part of a list or collection.

First Bank

Can refer to the initial banking institution established in a certain area or the primary bank that an individual or business chooses to use for financial transactions.

Substitute Check

A digital reproduction of the original paper check that is legally considered the same as the original for clearing and settlement purposes.