Examlex
Which of the following groups has the most species?
Clearing
The process of reconciling purchases and sales of various options, futures, or securities, and the direct transfer of funds from one financial institution to another.
Net Float
The difference between checks written against and deposited in an account, before those checks have been cleared and settled.
Money Market Securities
are short-term financial instruments, such as treasury bills and commercial paper, that provide liquidity and relatively low risk.
Average Daily Receipts
The average amount of cash received by a business on a daily basis, calculated over a specific period of time.
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