Controlled disbursement

A service that provides for a single presentation of checks each day (typically in the early part of the day). The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • 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

  • controlled disbursement — A service that provides for a single presentation of checks each day (typically in the early part of the day). Bloomberg Financial Dictionary …   Financial and business terms

  • controlled disbursement — Fin the presentation of checks only once each day …   The ultimate business dictionary

  • controlled disbursement bank — A bank that can provide better management control over checks being presented. Generally, this bank is located outside the local area and receives only presentments from the Federal Reserve System and the local clearing house. American Banker… …   Financial and business terms

  • Cash Concentration And Disbursement (CCD) — A type of electronic payment used to transfer funds between remote locations and so called concentration (i.e., collection) accounts. CCD is also used between businesses. Cash Concentration and Disbursement accounts are tools used for cash… …   Investment dictionary

  • Mellon Financial — Corporation Type Defunct (Merged with Bank of New York 2007) Industry Financials Founded 1869 Headquarters …   Wikipedia

  • Cash management — In United States banking, cash management, or treasury management, is a marketing term for certain services offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to… …   Wikipedia

  • Sweep account — A sweep account is an account set up at a bank or other financial institution where the funds are automatically managed between a primary cash account and secondary investment accounts.In banking, sweep accounts are primarily used as a legal… …   Wikipedia

  • Ecuador — Ecuadoran, Ecuadorean, Ecuadorian, adj., n. /ek weuh dawr /, n. a republic in NW South America. 11,690,535; 109,483 sq. mi. (283,561 sq. km). Cap.: Quito. * * * Ecuador Introduction Ecuador Background: The Republic of the Equator was one of three …   Universalium

  • Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …   Universalium

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