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The data,plus preamble,postamble and control information are called a ________.
Past Payment History
The record of an individual's or entity's past payments on all debts, used by lenders to gauge creditworthiness.
Initial Credit Purchase
The first acquisition of goods or services that allows payment to be delayed.
Sight Draft
A financial document that demands immediate payment upon presentation to the drawee, often used in international trade.
Time Draft
A written order to pay a specified amount of money at a certain time in the future, often used in international trade.
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