Financial Definition of Bank Collection Float
Meaning of Bank Collection Float
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.
Related Entries of Bank Collection Float in the Encyclopedia of Law Project
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Bank Collection Float in Historical Law
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Legal Abbreviations and Acronyms
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Bank Collection Float in the Dictionary | Bank Collection Float in our legal dictionaries |
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