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Disbursement float
The financial definition for Disbursement float:
A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm.
Similar MatchesControlled disbursementControlled disbursement A service that provides for a single presentation of checks each day (typically in the early part of the day).
Remote disbursementRemote disbursement Technique that involves writing checks drawn on banks in remote locations so as to maximize disbursement float.
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