Float neutral: Difference between revisions

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imported>Doug Williamson
m (Spacing 27/8/13)
imported>Doug Williamson
(Update to align with October 2016 ACMF study material, p45.)
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''Banking''.
''Cash management''
    
    
Electronic disbursement on the same day as value would have been lost had the payment been made by cheque.
'Float neutral' terms - negotiated by a customer with their supplier - means electronic disbursement on the same day as value would have been lost had the payment been made by cheque.




== See also ==
== See also ==
* [[Disbursement]]
* [[Disbursement]]

Revision as of 14:11, 9 February 2017

Cash management

'Float neutral' terms - negotiated by a customer with their supplier - means electronic disbursement on the same day as value would have been lost had the payment been made by cheque.


See also