Non-cash item describes negotiable instrument, like a check or bank draft, which is deposited but can’t be credited until it clears the issuer's account.

 

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Price-taker is a company or an individual who are to accept prevailing prices in a market, lacking the market share to influence market price on their own.

 

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Par can refer to preferred or common stock, bonds or currencies, with different meanings depending on the context. 

 

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