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Automatic funds transfer |
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Automatic funds transferA transfer of funds from one account or investment vehicle to another using electronic or telecommunications technology.Automatic funds transfer Similar MatchesAutomatic exerciseAutomatic exerciseA protection procedure whereby the Options Clearing Corporation attempts to protect the holder of an expiring in-the-money option by automatically exercising the option on behalf of the holder. Automatic stayAutomatic stayThe restricting of liabilityholders from collection efforts related to collateral seizure. Automatically imposed when a firm files for bankruptcy under Chapter 11. Automatic licensingAutomatic licensingThe licensing of imports or exports for which licenses are assured, for gathering information, or a holdover from when licenses were not automatic. Depending on how the licensing is administered, automatic licensing can add to the bureaucratic and/or time cost of trade. Non-automatic licensingNon-automatic licensingImport licensing that is discretionary, based on an import quota, or performance related. Automatic Data Processing (ADP)Automatic Data Processing (ADP)Acts as an intermediary to perform proxy services for several banks and brokers. Distributes proxy material to beneficial owners, tabulates the returned proxies, and provides the Corporation or its tabulator compiled reports of the tabulation results. ADP also distributes quarterly reports and other corporate information to the beneficial owners. Further Suggestionsautomatic tradeAutomatic withdrawal National Association of Securities Dealers Automatic Quotation System (Nasdaq) Automatic extension Automatic reinvestment |
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