Examlex
What is an example of a technological breakthrough that came out of a government or university laboratory?
Certificates of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.
Net Float
The difference between check amounts written and deposited in the clearing process, affecting the available balance in the account.
Disbursement Float
The time lag between when a payment is made by writing a check and when the funds are actually withdrawn from the payer's account.
Collection Float
The interval between depositing a check into a bank account and the moment the deposited funds are accessible.
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