[Solved] What is a soft-dollar transaction? Corrections Made: Adjustments or modifications made to rectify errors or inaccuracies. Third-Party Check: A check transaction in which the original recipient endorses the check to another party, allowing them to cash or deposit it. Seven Components: Typically refers to the essential elements or parts that make up a whole; context needed for a specific definition. Visible Fibers: Fibrous materials or threads that can be seen with the naked eye, often referring to those found in textiles, paper, or other composite materials.