bank float
See *float (definition 2).

Auditor's dictionary. 2014.

Look at other dictionaries:

  • bank float — The time between the date a check is deposited in a bank and the date it is charged to the drawer. Also called bank collection float, check clearing float or transit float. Not the same as float. American Banker Glossary …   Financial and business terms

  • bank float — deposit which is credited to one bank account before it has been debited from another account …   English contemporary dictionary

  • bank float — The time spent by a remittance in the banking system, during which the sum of money is available to neither the payer nor the payee …   Accounting dictionary

  • Float (money supply) — In economics, float is duplicate money present in the banking system during the time between a deposit being made in the recipient s account and the money being deducted from the sender s account. It makes up the smallest part of the money supply …   Wikipedia

  • 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

  • bank collection float — See bank float; check clearing float The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer s bank.… …   Financial and business terms

  • float — See: bank float, cash float …   Accounting dictionary

  • Float — The number of shares that are actively tradable in the market, excluding shares that are held by officers and major stakeholders that have agreements not to sell until someone else is offered the stock. The New York Times Financial Glossary * * * …   Financial and business terms

  • float — [[t]floʊt[/t]] v. i. 1) to rest or remain on the surface of a liquid; be buoyant 2) to move gently on the surface of a liquid; drift along: The canoe floated downstream[/ex] 3) to rest or move in a liquid, the air, etc.: a balloon floating on… …   From formal English to slang

  • float — /floht/, v.i. 1. to rest or remain on the surface of a liquid; be buoyant: The hollow ball floated. 2. to move gently on the surface of a liquid; drift along: The canoe floated downstream. 3. to rest or move in a liquid, the air, etc.: a balloon… …   Universalium

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