Examlex
A synonym for the term aging is
Electronic Funds Transfers
The transfer of money between accounts by electronic means rather than the use of cash or paper documents.
Float Time
The period between when a check is deposited into a bank account and the time the funds are available for use.
Substitute Check
A digital reproduction of an original paper check that is legally considered the same as the original for processing payments.
Collection Process
The steps taken by creditors to collect debts owed to them by debtors, which may include notifications, negotiation, and legal action.
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