Payment Glossary

FOIA (Freedom of Information Act)

The Freedom of Information Act provides either full or partial disclosure of unreleased information that is controlled by the U.S. government.

Related Terms

  • CCD (Corporate Credit or Debit)

    A CCD entry is a credit or debit entry where funds are being transferred between two corporate entities.

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  • Lockbox

    Lockbox refers to banking in which the funds are placed in a physical storage unit (such as a post office box). A bank would then visit the...

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