Examlex
What is a disadvantage of a germanium device that prevents its prevalent use in modern computers,consumer electronics,and communication circuits?
Processing Float
The time lag between when a check is written and when it is actually deducted from the payer's account, affecting the available balance.
Check Clearing
The process by which banks exchange checks and other negotiable instruments drawn on each other and settle their mutual debts and credits.
Lockbox System
A service provided by banks to companies for the receipt of payment from customers, under which payments are directed to a special post office box rather than the company’s address.
Cash Collections
The process of gathering and managing incoming cash payments from customers or clients.
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