Disbursement float: Difference between revisions
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The time interval or cash amount outstanding between the time a payor | ''Cash management'' | ||
The time interval or cash amount outstanding between the time a payor makes a payment and the time the bank debits the payor’s account. | |||
Disbursement float results in an opportunity gain to the person disbursing. | |||
== See also == | == See also == | ||
* [[Cheque clearing]] | * [[Cheque clearing]] | ||
*[[Disbursement]] | |||
*[[Collection float]] | |||
[[Category:Cash_management]] | |||
Latest revision as of 19:20, 8 July 2017
Cash management
The time interval or cash amount outstanding between the time a payor makes a payment and the time the bank debits the payor’s account.
Disbursement float results in an opportunity gain to the person disbursing.
