Examlex
Briefly explain what challenge each mobile operating system poses to application developers.
Surplus Cash
Excess cash that a company holds over and above the minimum operational funds required, often used for investment, dividends, or buybacks.
Lockbox System
A service offered by banks to companies for the collection of payments from customers, wherein the payments are sent directly to a post office box, thereby speeding up collection times.
Processing Time
The amount of time required to complete a specific process or task, often related to manufacturing or computational operations.
Preauthorized Payment
A financial arrangement that allows a business or individual to automatically debit funds from a customer's bank account for recurring expenses.
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