Examlex
Why is the book value of equipment irrelevant when considering the replacement of equipment?
Fraudulent Charge
Unauthorized transaction on a payment card or account, made without the owner's permission.
Overdraft Protection
Overdraft protection is a banking service that prevents checks, ATM withdrawals, and other transactions from causing an account's balance to fall below zero by advancing money or covering the shortfall.
UCC
Uniform Commercial Code; a comprehensive set of laws governing commercial transactions in the United States.
Dishonor
In financial contexts, the refusal or inability of a party to pay a debt when due or to accept a bill of exchange when presented.
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