Examlex
High-bandwidth communications systems are sometimes referred to as ____________________.
Float
The difference between book cash and bank cash, representing the net effect of cheques in the process of clearing.
Interest Rate
The percentage charged on a loan or earned on an investment, indicating the cost of borrowing or the gain on investing.
Processing Delays
Delays in the processing of transactions, documents, or information, often due to inefficiencies or technical issues within a system or workflow.
Lockbox System
A service provided by banks to companies for the receipt of payment from customers, utilizing a special post office box to speed up the collection of checks.
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