Collection float: Difference between revisions
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imported>Administrator (CSV import) |
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) |
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The interval between | 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. | |||
== See also == | == See also == | ||
* [[Float]] | * [[Float]] | ||
[[Category:Cash_Management]] | |||
Revision as of 15:17, 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.
