Examlex
Inventory position is defined as
Cashier's Check
A cashier's check is a check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.
Check Forgery
The criminal act of making or altering a check with intent to defraud, such as by changing the amount or forging the drawer's signature.
Wrongfully Held Funds
Money that is unjustly retained or withheld from its rightful owner or beneficiary.
Depositors
Individuals or entities that place money into a bank account for safekeeping and potential interest accrual.
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