Collection float

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Revision as of 19:57, 2 July 2017 by imported>Doug Williamson (Link with Opportunity cost page.)
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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.


Depending on the payment instrument, collection float may include:

  • Transit float
  • Processing float
  • Clearing float


See also