CASH IN BANK Definition

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CASH IN BANK literally means coin, currency, and cash items on deposit.

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SBIC is Small Business Investment Company.

BONDED is to: a. secure payment of duties and taxes on (goods) by giving a bond; or, b. convert into a debt secured by bonds; or, c. provide a bond for or cause to provide such a bond (e.g., to bond an employee) that guarantees any monetary loss caused by intentional acts by the bonded employee.

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