BANK FOR INTERNATIONAL SETTLEMENTS Definition

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BANK FOR INTERNATIONAL SETTLEMENTS (BIS) is the central bankers' bank based in Basle, Switzerland.

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MANUAL CONTROLS are controls performed manually, i.e., not by computer.

PER DIEM is a. one every day (e.g., save 10 man-hours per diem) or, b. payment of daily expenses and/or fees of an employee or an agent.

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