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An individual's personal code of ethics is shaped by his or her life experiences.
Direct Deposit
An electronic payment method where funds are transferred directly into the recipient's bank account, bypassing the need for physical checks.
Automatic Withdrawal
A banking process where funds are automatically taken from a bank account to fulfill a financial commitment.
Book Balance
The amount of money shown in a company's financial records, excluding any pending transactions.
Bank Cash
The amount of cash that a bank has in its vaults and with the central bank; also a term used to describe readily available funds.
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