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Two-tier wage systems were designed to reduce the adversarial "win-lose" attitude between labour and management when negotiating the compensation provisions in labour contracts.
Bank Customers
Individuals or entities that utilize the services provided by a bank, such as saving accounts, loans, and investment advice.
Credit Balances
Balances in financial accounts that represent amounts owed to others, typically indicating a surplus in accounts like liability and revenue accounts.
Bank's Records
Documentation and ledgers maintained by a bank, detailing all transactions and financial activities of the bank's accounts.
Adjusted Balance
The final amount on an account after all debits and credits have been accounted for, including interest and fees if applicable.
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