Examlex
What is an example of the use of implicit memory?
Bank Overdrafts
Occurs when withdrawals from a bank account exceed the available balance, giving the account a negative balance.
Treasury Bills
Short-term government securities issued at a discount from the face value and mature in a year or less, used by governments to raise funds.
Money Markets
Financial markets for short-term borrowing and lending, typically with maturities of less than one year.
Current Asset
An asset expected to be converted into cash, sold, or consumed within one year or the normal operating cycle of the business, whichever is longer.
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