Examlex
In the ________, we must always reduce the problem to a smaller version of the original problem.
Outstanding Checks
Checks that have been issued and recorded in the account ledger but have not yet been cashed or cleared by the bank.
Checks Cleared
A term indicating that checks issued have been presented and successfully processed by a bank, deducting the amount from the payer's account.
Checks Written
Refers to checks that a company or individual has written and issued but which have not yet been cashed or cleared through the banking system.
NSF Check
A check that cannot be processed because the account it is drawn on does not have sufficient funds.
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