Clearing float: Difference between revisions
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imported>Doug Williamson (Layout.) |
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The delay between the time a cheque is deposited by a payee and the time the payor’s bank account is debited. | The delay between the time a cheque is deposited by a payee and the time the payor’s bank account is debited. | ||
== See also == | == See also == | ||
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* [[Float]] | * [[Float]] | ||
* [[Processing float]] | * [[Processing float]] | ||
Revision as of 09:42, 22 June 2016
The delay between the time a cheque is deposited by a payee and the time the payor’s bank account is debited.