Examlex
Studies have shown that private security personnel are often recruited among persons with minimal education and training.
Credit Instrument
A document that represents a legal agreement involving any kind of financial credit or loan arrangement, including promissory notes, bonds, and letters of credit.
Payee
A person to whom a payment is made or is made payable.
Bearer Paper
A negotiable instrument that entitles the holder or bearer to receive the face value of the document upon presentation.
"To Cash"
A term used to describe the process of converting assets or investments into cash or to settle a transaction with cash payment.
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