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What is the biggest disadvantage of the raw file format?
Processing
The action of performing a series of mechanical or chemical operations on something in order to change or preserve it.
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.
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