The delay in time between the disbursement of a check to its clearing through the bank system. The float is reflected as a reduction in the cash ledger, but remains as part of the balance in the companies checking account. In cash management, a company will try to increase the float by slowing disbursements.
Related information about disbursement float:
- Disbursement Float - Financial Dictionary - The Free Dictionary
A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm. Disbursement Float. Money that a person or company ...
- What is disbursement float? definition and meaning
Definition of disbursement float: The delay in time between the disbursement of a check to its clearing through the bank system. The float is reflected as a ...
- Maximizing Cash Disbursement Float - JStor
MAXIMIZING CASH. DISBURSEMENT. FLOAT. LAWRENCE J. GITMAN. D. KEITH FORRESTER and. JOHN R. FORRESTER, JR. Dr. Gitman is Associate ...
- Remote Disbursement Definition | Investopedia
It does this to maximize disbursement float, which represents a reduction in book cash but no current change in actual cash in the bank. This means the ...
- Delayed Disbursement Definition | Investopedia
Companies use this technique as a way to maximize disbursement float, a term that describes a decrease in book cash while delaying a change in bank cash.
- Disbursement float (Meaning of)
Disbursement float - Meaning and definition. ... Look up: Disbursement float. Disbursement float. A decrease in book cash but no immediate change in bank cash ...
- Playing the Float | Float Management Homework Help | Float ...
Disbursement float - The amount of cheque issued but not presented for ... Disbursement float = Company's available bank balance – Company's ledger balance ...
- Disbursement Float Definition
Disbursement Float Reduction in book cash not immediately followed by variation in cash at bank. Normally occurs owing to checks issued by the firm's.