Mail float and Millennium bug: Difference between pages

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The time interval outstanding between the time a cheque is mailed and its receipt at the designated address.
A perceived problem with computers around 31 December 1999, relating to the way in which they store dates.


The problem was that years were stored in some systems as two digits - for example '99' - rather than as four digits ('1999' in this case).


== See also ==
The concern was that date-dependent computer systems might fail around 1 January 2000, if they mis-coded or mis-interpreted the date.
* [[Cheque]]
 
 
Some concerned individuals and businesses withdrew their funds from banks around this period.
 
 
Also known as the 'Y2K bug'.
 
 
==See also==
*[[Millennials]]
*[[Y2K]]

Revision as of 22:36, 8 February 2016

A perceived problem with computers around 31 December 1999, relating to the way in which they store dates.

The problem was that years were stored in some systems as two digits - for example '99' - rather than as four digits ('1999' in this case).

The concern was that date-dependent computer systems might fail around 1 January 2000, if they mis-coded or mis-interpreted the date.


Some concerned individuals and businesses withdrew their funds from banks around this period.


Also known as the 'Y2K bug'.


See also