What is Zeroed A Check?
1.
When one group or organization writes a check or pays money on behalf of another, usually unaffiliated group or organization, after which the original organization is reimbursed by the latter organization or group, essentially "zeroing" or canceling the balance exactly.
United Way of America zeroed a check for us to pay off the rental fees because we are unaffiliated with them.
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Random Words:
1.
*noun*; the tendency for the public to want to hold income in cash relative to its willingness to hold it as interest-bearing savings (b..
