Examlex
Which of the following is one of the primary benefits of informal group membership?
Deposit
A sum of money placed in an account or given as security for a financial transaction or agreement.
Checking Account
A bank account that allows the holder to write checks, use electronic debit, and make deposits, meant for frequent transactions.
Improperly Dishonors
Refers to the situation where a financial institution wrongfully refuses to accept a valid check or draft presented for payment.
Drawer
In banking, the person who writes or creates a check or draft instructing the bank to pay the stated amount to a third party.
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