Float: Difference between revisions
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imported>Doug Williamson (Link with qualifications page) |
imported>Doug Williamson (Identify that float is cost for banks' customers.) |
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#Time interval, or delay, between the start and completion of a specific phase or process that occurs along the cash flow timeline. Certain types of float can be quantified and expressed in money amounts. Float is a cost for banks' customers, because the customer loses use of the funds in transit, for the time they are in transit. | |||
#The timing benefit enjoyed by insurance companies of receiving insurance premia in advance (of the period covered by the related insurance contract). | |||
Time interval, or delay, between the start and completion of a specific phase or process that occurs along the cash flow timeline. | #The initial offering for sale/listing of a company’s shares on an exchange. | ||
#The act of removing a fixed foreign exchange rate regime and allowing a currency to be freely traded. | |||
Certain types of float can be quantified and expressed in | |||
The timing benefit enjoyed by insurance companies of receiving insurance premia in advance (of the period covered by the related insurance contract). | |||
The initial offering for sale/listing of a company’s shares on an exchange. | |||
The act of removing a fixed foreign exchange rate regime and allowing a currency to be freely traded. | |||
Revision as of 08:56, 23 May 2015
- Time interval, or delay, between the start and completion of a specific phase or process that occurs along the cash flow timeline. Certain types of float can be quantified and expressed in money amounts. Float is a cost for banks' customers, because the customer loses use of the funds in transit, for the time they are in transit.
- The timing benefit enjoyed by insurance companies of receiving insurance premia in advance (of the period covered by the related insurance contract).
- The initial offering for sale/listing of a company’s shares on an exchange.
- The act of removing a fixed foreign exchange rate regime and allowing a currency to be freely traded.