ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ALTERNATE PAYEE ENDORSEMENT Definition
ALTERNATE PAYEE ENDORSEMENT, normally, it is when one payee endorses a draft over to another entity, then the new or alternate payee endorses the draft near the original payees endorsement (signature).
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LIBID is the London Interbank Bid Rate, the rate that a bank is willing to pay for funds in the international interbank market.
ANR is Average Number of Runs or Average Not Ready (call centers).