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Daily Interest Rate
The interest rate expressed as a daily figure, often used in calculating interest on loans or savings on a day-to-day basis.
Collection Float
The time period between when a check is deposited and when the funds become available in the company's account.
Cheques
Written orders to a bank to pay a specified amount from the writer's account to the person in whose name the cheque has been issued.
BAT Model
A behavioral approach to understanding and modeling how consumers make purchasing decisions, considering factors such as beliefs, attitudes, and traditions.
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