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Most operating decisions of management focus on a narrow range of activity called the
Provisional Credits
Temporary credits issued to a bank account, often while a transaction is under review or a dispute is being resolved, which can be reversed depending on the outcome.
Dishonor of a Check
The refusal by a bank to pay the amount stated on a check due to insufficient funds or other reasons.
Reversed
A decision or process that has been changed to go in the opposite direction, often used in the context of judicial decisions.
Payor Bank
The bank that dispenses the payment on a written draft or check upon presentation.
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