Collection float: Difference between revisions
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imported>Doug Williamson m (Added Disbursement float to see also) |
imported>Doug Williamson (Identify the components of collection float. Source: ACMF October 2016, p34.) |
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Collection float results in an opportunity cost or loss to the person collecting. | 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 == | == See also == | ||
*[[Clearing float]] | |||
*[[Disbursement float]] | |||
* [[Float]] | * [[Float]] | ||
*[[ | *[[Processing float]] | ||
*[[Transit float]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 15:52, 10 February 2017
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
