Term of Day
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Term of Day
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Temporary unavailability of specific sums in a
to the accountholder. A hold may be placed on uncleared checks, or on
that are pledged, for example, as
Space below the
of an aircraft or ship for carrying
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Popular 'Banking, Commerce, Credit, & Finance' Terms
letter of credit (L/C)
Mentioned in These Terms
bill and hold
buy and hold
hold harmless clause
Medicare Hold Harmless Provision
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