Examlex
Identify and state the historical significance of the following:
-Leaves of Grass
Clear
To settle a trade or transaction by exchanging financial instruments or the legal process of resolving a dispute.
Zero Balance Accounts
Bank accounts that are maintained at a zero balance by automatically transferring funds from a master account in an exact amount only when checks are presented.
Payroll Account
A bank account specifically used by businesses to process salary payments to their employees.
Safety Stock
Additional inventory kept to prevent stockouts due to variability in demand or supply lead time.
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