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What Is An ACH?
Answer:
ACH stands for Automated Clearing House. It is an electronic network for conducting financial transactions in the United States. Rules and regulations which govern the ACH network are put in place by NACHA-The Electronic Payments Association (formerly called the National Automated Clearing House Association) and the Federal Reserve.
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What is usd?
Answer:
USD is the abbreviation for United States Dollar, and is the standard unit of currency in the United States.
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What is value-added tax?
Answer:
Value-added tax is a tax levied on the increased value of a product at each stage of the business process.
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What is an Endowment?
Answer:
The word endowment ultimately comes from the Latin words that mean gift or give.  Endowment refers to the state of either having a gift or certain gifts or giving a gift or gifts.  A common use of the word refers to how a philanthropist may give a large financial contribution to a charity or other not for profit organization.  That money is usually referred to an endowment.

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What is Money?
Answer:
Money can be anything that is accepted for the payment of goods and services.  As ancient societies shifted away from barter and gift systems, commodity money was developed in many areas of the world.  Commodity money is the use of items that have their own value as money.  Some early examples include silver, salt, and barley.

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