BANK BALANCE Definition

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BANK BALANCE is the amount of money in a bank account on a particular date as recorded by a financial institution on a bank statement.

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CENTRAL BANK is the major regulatory bank in a country, usually government controlled. The UK central bank is the Bank of England; Germany's is the Bundesbank; in the U.S. it is the Federal Reserve System.

LINE MANAGEMENT is the administration of the line functions of an organization; administration of activities contributing directly to the organizations output.

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