Examlex
Cash receipts should never be deposited more than once a business day.
Collateral
Assets or property offered as security for the repayment of a loan, subject to seizure on default.
Proceeds
The amount of money received from a sale or transaction, often after deducting costs or expenses.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to make the required payments.
Debtor
A person or organization that has a debt or financial liability to another entity.
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