|
 |
Investing Glossary:
Bank collection float
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- B -
| Term: |
|
| Definition: |
| 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.
|
|
|
| |
|
