Dfine the terms demand deposits compensating balance
Define the following terms:
a. Demand deposits
b. Compensating balance
c. Disbursement float
d. Deposit float
e. Lockbox
f. Wire transfer
g. Depository transfer check
h. Zero-balance system
i. Draft
j. Automated clearinghouse.
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define the following termsa demand depositsb compensating balancec disbursement floatd deposit floate
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