Examlex
Three-year-old Leona hears a new word several times on a television program.Leona is likely to
Insufficient Funds
A situation where one's bank account does not have enough money to cover checks or electronic transfers made against it, potentially resulting in a bounced check or declined transactions.
Drawer's Account
In financial terms, the account belonging to the person who writes a check or draft instructing a bank to pay a designated amount of money.
Honor The Check
The act of a bank or financial institution completing the transaction by paying the amount specified on a check from the payer's account to the payee or holder.
Account Aggregation
A financial service that compiles information from various accounts, belonging to an individual or entity, into a single platform for easier management and analysis.
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