DISBURSEMENT FLOAT

disbursement float: translation

The total time period between when a check is prepared by the remitter and when the check is presented for payment. This float also includes the delivery float, processing float, and transit float. Disbursement float is the float period for the remitter. The collection float for the organization that will receive the check is the same duration as the disbursement float. American Banker Glossary

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A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm. Bloomberg Financial Dictionary

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DISBURSEMENTS →← DISBURSEMENT FLOAT

DISBURSEMENT FLOAT

Смотреть что такое DISBURSEMENT FLOAT в других словарях:

DISBURSEMENT FLOAT

DISBURSEMENT FLOAT

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