Examlex
The _________________________ is the proportion of each sales dollar available to cover fixed costs and provide for profit.
Fraudulent Misstatements
False or misleading statements made intentionally to deceive others.
Stop-payment Order
A request made to a bank by an account holder to not pay a check that has been issued or to halt a payment that has been preauthorized.
Holder In Due Course
A term relating to negotiable instruments, denoting a party that has received an instrument in good faith, for value, and without notice of any defects or claims against it.
Intermediary Banks
Financial institutions that serve as a middleman between the payer and the payee in transactions, particularly in international wire transfers.
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