Bank Draft
A payment instrument issued by a bank guaranteeing payment to a specified party. It is commonly used for secure transactions where the payer’s account is debited immediately, ensuring the receiver’s certainty of funds.
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Bank Loan
A bank loan is a sum of money borrowed from a financial institution, which is to be repaid with interest…
Bookkeeping System
A bookkeeping system is a method or software used to record financial transactions, track income and expenses, and maintain accurate…
Business Model
A business model refers to how a company creates, delivers, and captures value. It defines the company's strategy for generating…
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