Examlex
Which of the following refers to a small, portable storage device that can be used to back up data and to transfer it from one computer to another?
Fund Transfer
The movement of money from one account to another, either within the same financial institution or across different ones.
Certified Check
A check for which the issuing bank guarantees the availability of funds by verifying the drawer's signature and setting aside the check amount, thus ensuring payment.
Bankrupt
A legal status of a person or entity that cannot repay debts to creditors and has sought relief through bankruptcy proceedings.
Postdated Check
A check written with a date in the future, preventing the check from being deposited or cashed until that date.
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