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Mail float
The financial definition for
Mail float
:
Time period that checks for payment spend in the postal system.
Similar Matches
Availability float
Availability float
Checks deposited by a company that have not yet been cleared.
Collection float
Collection float
The period between the time is deposited a check in an account and the time funds are made available.
Disbursement float
Disbursement float
A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm.
Further Suggestions
Fixed for floating swap
Floater
Floating debt
Floating exchange rate system
Floating rate note (FRN)
Floating rate preferred
Floating supply
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Mail float
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