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bank collection float

См. также в других словарях:

  • bank collection float — See bank float; check clearing float The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer s bank.… …   Financial and business terms

  • Bank collection float — The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer s bank. The New York Times Financial Glossary …   Financial and business terms

  • collection float — The total time period between when a check is prepared by the remitter and when the check is presented to the remitter s bank. The float also includes the mail float, processing float, and transit float, and is considered the disbursement float… …   Financial and business terms

  • bank float — The time between the date a check is deposited in a bank and the date it is charged to the drawer. Also called bank collection float, check clearing float or transit float. Not the same as float. American Banker Glossary …   Financial and business terms

  • float — The use of funds generated as a result of timing differences in the check clearing system. For banks, float occurs because debits given by the Federal Reserve to a bank s reserve account for checks being cleared can be received prior to the time… …   Financial and business terms

  • float — The delay in processing transactions by banks and others which may permit the interest free use of funds for brief periods. Checks that have been credited to the depositor s bank account, but not yet debited to the drawer s bank account. The time …   Black's law dictionary

  • float — The delay in processing transactions by banks and others which may permit the interest free use of funds for brief periods. Checks that have been credited to the depositor s bank account, but not yet debited to the drawer s bank account. The time …   Black's law dictionary

  • Collection item — A collection item (also called a noncash item) is an item presented to a bank for deposit that the bank will not, under its procedures, provisionally credit to the depositor s account or which the bank cannot (due to provisions or law or… …   Wikipedia

  • collection account — A bank account opened for the specific purpose of reducing bank float for remittances from specific customers or groups of customers, usually those that are abroad or who pay in a foreign currency …   Accounting dictionary

  • disbursement float — 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… …   Financial and business terms

  • In-house processing float — Refers to the time it takes the receiver of a check to process the payment and deposit it in a bank for collection. The New York Times Financial Glossary …   Financial and business terms