Collection float

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Revision as of 15:17, 4 April 2014 by imported>Doug Williamson (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 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

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