grandstand-the audience at a stadium or racetrack. audience-a gathering of spectators or listeners at a (usually public) performance; the audience applauded; someone in the audience began to cough.
Electronic Check Presentment - ECP. A process that allows financial institutions to exchange digital images of checks instead of paper to increase the speed of of the check cashing process. The signing of the Check Clearing for the 21st Century Act by President Bush permitted the use of electronic check presentment (ECP).
ERP stands for Enterprise Resource Planning and is a series of computer packages/modules which link together to provide support for the day to day running of a business. A sâ¦mall company may invest in a few modules (say payroll and accounts) and a larger company perhaps would need more (for example a stock keeping/ordering package).