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If a nation with an aging population admits more low-skilled immigrants
Payee
The individual or entity to whom money is payable or is meant to be paid, typically named in financial documents like checks or promissory notes.
Certification
Of a cheque, an understanding by a bank to pay the amount of a cheque on presentation.
Endorsement
The act of signing one's name on the back of a check or other negotiable instrument or the addition of a provision to an insurance policy, altering its coverage.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer and payee usually named.
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