Examlex
Covered interest rate arbitrage would not be possible if the forward rate would be:
Outstanding Checks
Unprocessed checks that have been written and deducted from an account's balance but not yet presented for payment or cleared.
Check Register
A record book or ledger that tracks all checks written, deposits made, and current balance for a checking account.
Cash Balance
The total amount of cash in a company's account at any given time.
Deposits
The act of placing money into a financial account, or the money that is placed into such an account.
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