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term:

Customer

customer n

1 : a person or business that purchases a commodity or service
2 a : a person or entity having an account with a bank or on whose behalf the bank has agreed to collect items
b : a person or entity for whom an issuer issues a letter of credit

Source: Merriam-Webster’s Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.
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