Examlex
When clicked,the Maximize button ____.
Bank Statement
A monthly report from a bank that shows deposits recorded, checks cleared, other debits and credits, and a running bank balance. This same information is available on a daily basis from the bank’s online banking site.
Credit Terms
The conditions under which credit is extended by a seller to a buyer, including payment deadline, discount for early payment, and service charge for late payment.
Annual Basis
Annual basis refers to any financial calculation or performance measurement taken over or normalized for a single year.
Outstanding Checks
Checks that have been issued and recorded in the issuing party's records but have not yet been cashed or cleared by the bank.
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