disbursement float
1disbursement 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… …
2Disbursement float — A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm. The New York Times Financial Glossary …
3float — 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… …
4Remote Disbursement — A cash management technique that some businesses use to increase their float by taking advantage of the Federal Reserve System s check clearing inefficiencies. A company that practices remote disbursement intentionally draws its checks on a bank… …
5remote disbursement — An arrangement by which an organization s checks are drawn against funds in a bank that is located in a distant area. A cash management practice designed to increase disbursement float. American Banker Glossary Technique that involves writing… …
6collection 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… …
7Net float — Sum of disbursement float and collection float. The New York Times Financial Glossary …
8net float — Sum of disbursement float and collection float. Bloomberg Financial Dictionary …
9Delayed Disbursement — A cash management technique that involves a company paying vendors and/or other creditors by checks drawn on banks located in remote areas. Commercial banks will typically delay the availability of funds to the depositor of such checks for up to… …
10Remote disbursement — Technique that involves writing checks drawn on banks in remote locations so as to increase disbursement float. The New York Times Financial Glossary …
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