Financial and business terms. 2012.
Disbursement float — A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm. The New York Times Financial Glossary … Financial and business terms
float — The use of funds generated as a result of timing differences in the check clearing system. For banks, float occurs because debits given by the Federal Reserve to a bank s reserve account for checks being cleared can be received prior to the time… … Financial and business terms
Remote Disbursement — A cash management technique that some businesses use to increase their float by taking advantage of the Federal Reserve System s check clearing inefficiencies. A company that practices remote disbursement intentionally draws its checks on a bank… … Investment dictionary
remote disbursement — An arrangement by which an organization s checks are drawn against funds in a bank that is located in a distant area. A cash management practice designed to increase disbursement float. American Banker Glossary Technique that involves writing… … Financial and business terms
collection float — The total time period between when a check is prepared by the remitter and when the check is presented to the remitter s bank. The float also includes the mail float, processing float, and transit float, and is considered the disbursement float… … Financial and business terms
Net float — Sum of disbursement float and collection float. The New York Times Financial Glossary … Financial and business terms
net float — Sum of disbursement float and collection float. Bloomberg Financial Dictionary … Financial and business terms
Delayed Disbursement — A cash management technique that involves a company paying vendors and/or other creditors by checks drawn on banks located in remote areas. Commercial banks will typically delay the availability of funds to the depositor of such checks for up to… … Investment dictionary
Remote disbursement — Technique that involves writing checks drawn on banks in remote locations so as to increase disbursement float. The New York Times Financial Glossary … Financial and business terms
Controlled Disbursement — A technique commonly employed in corporate cash management. Controlled disbursement is used to regulate the flow of checks through the banking system on a daily basis, usually by mandating once daily distributions of checks (usually early in the… … Investment dictionary
