Examlex
Increases in the quality and quantity of an economy's resources have little effect on its potential output in the long run.
Drawer
The person or entity that writes or issues a check, making an order to a bank to pay a specified amount of money to the party named or to the bearer.
Midnight Deadline
A cutoff point set at 11:59 PM, often used in legal, financial, and operational contexts to mark the end of a given day or deadline.
Drawer-payor Bank
Refers to the bank upon which a check is drawn and is responsible for paying the check when it is presented.
Banking Day
A business day during which financial institutions are open for conducting banking transactions.
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