Examlex
_____ provides greater flexibility by allowing specific processes to be kept internal while allowing other processes to be outsourced.
Fiat Money
Paper money that is not backed by or convertible into any good; it is money because the government says it is money.
Medium of Exchange
A facilitating device or arrangement employed to assist in the transactions of buying, selling, or trading items between entities.
Legal Tender
Currency that must be accepted if offered in payment of a debt, by law.
Federal Deposit Insurance
A government guarantee that protects bank depositors' funds up to a certain limit in case of a bank failure.
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