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Reconciliation in banking refers to the process of comparin…

Provisioning in a banking context refers to the process of …

A promissory note is a financial instrument that contains a…

Private equity refers to investments made in private compan…

The prime rate is the interest rate that commercial banks c…

A portfolio is a collection of financial investments, such …

A Personal Identification Number (PIN) is a secure numerica…

A Payment Gateway is a technology that facilitates online t…

A Payee is a person or entity that receives payment for a b…

An Overdraft is a financial arrangement that allows an acco…