POSTULATE Definition

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POSTULATE, in logic, is a proposition that is accepted as true in order to provide a basis for logical reasoning.

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DEPOSITS IN TRANSIT is deposits made to a bank account that have not been credited to the bank statement.

CONVERSION DATE, dependent upon usage, there are likely many definitions varying within the industries in which the term is being used. Basically, it is a date on which an asset is converted into a similarly valued but different asset.

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