Float: Difference between revisions
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===== Timing differences ===== | |||
1. | |||
Time interval, or delay, between the start and completion of a specific phase or process that occurs along the cash flow timeline. Certain types of float can be quantified and expressed in money amounts. Float is often a cost for banks' customers, because the customer loses use of the funds in transit, for the time they remain in transit. | |||
2. | |||
The timing benefit enjoyed by insurance companies of receiving insurance premia in advance (of the period covered by the related insurance contract). | |||
===== Going public ===== | ===== Going public ===== | ||
The initial offering for sale/listing of a company’s shares on a public exchange. | The initial offering for sale/listing of a company’s shares on a public exchange. | ||
===== Exchange rates ===== | ===== Exchange rates ===== |
Revision as of 15:00, 18 May 2016
Timing differences
1.
Time interval, or delay, between the start and completion of a specific phase or process that occurs along the cash flow timeline. Certain types of float can be quantified and expressed in money amounts. Float is often a cost for banks' customers, because the customer loses use of the funds in transit, for the time they remain in transit.
2.
The timing benefit enjoyed by insurance companies of receiving insurance premia in advance (of the period covered by the related insurance contract).
Going public
The initial offering for sale/listing of a company’s shares on a public exchange.
Exchange rates
The act of removing a fixed foreign exchange rate regime and allowing a currency to be freely traded.
See also
- Balance and transaction activity
- Bank float
- Clearing float
- Collection float
- Flotation
- Initial public offering
- Primary market
- CertICM