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payment float

См. также в других словарях:

  • Payment float — Company written checks that have not yet cleared. The New York Times Financial Glossary …   Financial and business terms

  • payment float — company written checks that have not yet cleared . Bloomberg Financial Dictionary …   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 Time — The amount of time between when an individual writes and submits a check as a payment and when the individual s bank receives the instruction to move funds from the account. Before the implementation of the Check Clearing for the 21st Century Act …   Investment 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

  • 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

  • payment processing float — See administrative float. American Banker Glossary …   Financial and business terms

  • float analysis — An analysis of an organization s disbursements to determine the approximate number of days between issuance of a check and presentation of the check for payment at the organization s bank. American Banker Glossary …   Financial and business terms

  • Availability Float — The time period between when a deposit is made and when the funds become available in an account, specifically relating to check deposits. The availability float exists because banks have to process physical checks before releasing funds, meaning …   Investment dictionary

  • administrative float — Float resulting from the time it takes to administratively process checks or other related paperwork. Total elapsed time for processing checks can range from less than a day to more than a week. Note that its basic elements are present whether… …   Financial and business terms

  • Federal Reserve float — Float is checkbook money that appears on the books of both the check writer (the payor) and the check receiver (the payee) while a check is being processed. Federal Reserve float is float present during the Federal Reserve s check collection… …   Financial and business terms

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