Mail float: Difference between revisions
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The time interval outstanding between the time a cheque is mailed and its receipt at the designated address. | The time interval outstanding between the time a cheque is mailed and its receipt at the designated address. | ||
Mail float is also known as postal float, or transit float. | |||
== See also == | == See also == | ||
* [[Cheque]] | * [[Cheque]] | ||
* [[Clearing float]] | |||
* [[Processing float]] | |||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 07:19, 29 June 2022
The time interval outstanding between the time a cheque is mailed and its receipt at the designated address.
Mail float is also known as postal float, or transit float.
