Float: Difference between revisions
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imported>Doug Williamson (Qualify as 'often' a cost, as float is not always a cost.) |
imported>Doug Williamson (Make dynamic by saying 'remain' rather than 'are'.) |
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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 often a cost for banks' customers, because the customer loses use of the funds in transit, for the time they | #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 often a cost for banks' customers, because the customer loses use of the funds in transit, for the time they remain 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 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 initial offering for sale/listing of a company’s shares on an exchange. | ||
Revision as of 11:18, 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 often a cost for banks' customers, because the customer loses use of the funds in transit, for the time they remain 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.
