Advertising

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.

 
 Embedded terms in definition
 Time
 
 Related Terms
 

<< Bane Bank discount basis >>

Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

Optimism is essential to achievement and it is also the foundation of courage and true progress. Lloyd Alexander

Advertising



Copyright 2009-2019 GVC. All rights reserved.