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Unconditional Promise
An unconditional promise is a firm commitment or pledge made by one party to another, without any stipulations or conditions attached.
Check-clearing Process
The method through which banks collect and settle the amount of a check, transferring funds from one account to another.
Movability
The characteristic of an asset that allows it to be transferred or moved from one location to another.
Commission
A fee or percentage of a transaction value paid to an agent or company for facilitating a service, such as a sale or real estate transaction.
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