Examlex

Solved

FemCap,the Sponge,and the Diaphragm Are All

question 46

Multiple Choice

FemCap,the sponge,and the diaphragm are all


Definitions:

Provisional Credit

Temporary credit issued by a bank to an account holder, often while disputes or errors are being resolved.

Dishonor

In finance, the refusal or inability of a drawee of a negotiable instrument to pay the amount due upon presentment.

Actual Payment

The real transfer of funds from one party to another, completing a transaction or settling a debt.

EFT Payments

Electronic funds transfer payments involve moving money from one account to another without the exchange of physical money.

Related Questions