Examlex
Models such as moving average,exponential smoothing,and linear trend use only:
Drawer
The person or entity that writes or issues a check, making an order to a bank to pay a specified amount of money to the party named or to the bearer.
Midnight Deadline
A cutoff point set at 11:59 PM, often used in legal, financial, and operational contexts to mark the end of a given day or deadline.
Drawer-payor Bank
Refers to the bank upon which a check is drawn and is responsible for paying the check when it is presented.
Banking Day
A business day during which financial institutions are open for conducting banking transactions.
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