Examlex
In a process operation, the direct labor of a production department includes:
Drawer's Account
In financial terms, the account belonging to the person who writes a check or draft instructing a bank to pay a designated amount of money.
Honor The Check
The act of a bank or financial institution completing the transaction by paying the amount specified on a check from the payer's account to the payee or holder.
Account Aggregation
A financial service that compiles information from various accounts, belonging to an individual or entity, into a single platform for easier management and analysis.
Financial Management
The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institution; it also includes applying management principles to the financial assets of an organization.
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