Examlex
Which of the following represent the use of credit?
Clear
To finalize or settle a transaction or an obligation, especially in the context of financial transactions.
Disbursement Float
The time difference between the issuance of a payment and when the funds are actually debited from the payer’s account.
Cheques
A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.
Deposit
A sum of money placed or kept in a bank account, often to gain interest.
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