Examlex
Why does a dog sniff virtually everything that it encounters?
Credit Sales
Transactions where goods or services are sold to a customer with the agreement that payment will be made at a later date.
Zero Balance Accounts
Bank accounts that maintain a balance of zero by automatically transferring funds to cover charges or replenishing from another account.
Concentration Banking
Employing one bank to manage the balances in remote accounts. Balances are generally swept into the concentration bank daily.
Wire Transfers
Electronic transfers of funds across a network administered by banks or transfer service agencies globally.
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