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. 2012.

Look at other dictionaries:

  • disbursement float — The total time period between when a check is prepared by the remitter and when the check is presented for payment. This float also includes the delivery float, processing float, and transit float. Disbursement float is the float period for the… …   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

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