Examlex
A block grant is a sum of money the university gives to a faculty member to conduct research activities.
Checking Account
A bank account that allows the holder to withdraw funds using checks or a debit card, typically used for daily transactions.
Deposit
A sum of money placed into an account or given as a security for the future payment of a service.
Certified Check
A check validated by a bank where the bank guarantees the availability of the funds behind the check.
Personal Check
A hand-written document that orders a bank to pay a specific amount of money from the writer's account to another party.
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