Examlex
What requirements must be satisfied for a delayed swap to qualify for § 1031 like-kind exchange treatment?
Outstanding Checks
Checks issued by a company that have been recorded in its books but have not yet been cashed by the recipient.
Deposits In Transit
Deposits in transit refer to money that has been received and recorded by a business but not yet by its bank, often because of time needed for the banking processing.
NSF Check
A check that cannot be processed due to insufficient funds in the account it was drawn on, also known as a "bounced check."
EFT Deposit
An electronic funds transfer directly into a bank account, considered a safe and efficient way to transfer money.
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