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A condition occurring mostly in old age that is characterized by increasingly severe memory loss, as well as confusion, depression, and disordered thinking is known as
Payee
The party named in a note or draft to whom payment is to be made.
Stop Payment
A banking process through which an account holder can request the bank to stop the payment of a cheque or payment transaction that has been issued but not yet processed.
Drawer
In banking and finance, refers to the party that writes and signs a check or draft, instructing their bank to pay a specified sum to the named party.
Calendar Days
All days in a month or year, including working days, weekends, and public holidays, considered without exception.
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