Collection float: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Amended term in line with CertICM content, Chapter 2, Section 2.6, slightly changing wording and adding who profits and adding category) |
imported>Doug Williamson m (Added Disbursement float to see also) |
||
| Line 6: | Line 6: | ||
== See also == | == See also == | ||
* [[Float]] | * [[Float]] | ||
*[[Disbursement float]] | |||
[[Category: | [[Category:Cash_management]] | ||
Revision as of 15:19, 4 April 2014
The time interval between a payer (or payor) making a payment and the beneficiary receiving value.
Collection float results in an opportunity cost or loss to the person collecting.
