Payment float: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice. May also be quantified and expressed in cash amounts. | The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice. | ||
May also be quantified and expressed in cash amounts. | |||
== See also == | == See also == | ||
* [[Processing float]] | * [[Processing float]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 06:43, 2 July 2022
The time interval between the receipt of an invoice by the payor, including the credit period, and the time the payor’s bank account is charged for funds in payment of the invoice.
May also be quantified and expressed in cash amounts.
