Examlex
When each level of one independent variable is combined with each level of a second independent variable,the combination of these two variables is called
Same Day Value
Bank makes proceeds of cheques deposited available the same day before cheques clear.
Cheques Deposited
The process of placing cheques received into a bank account to be processed and the funds credited to the account holder.
Clear
To settle a trade or transaction by exchanging financial instruments or the legal process of resolving a dispute.
Zero Balance Accounts
Bank accounts that are maintained at a zero balance by automatically transferring funds from a master account in an exact amount only when checks are presented.
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