Meaning COLLECTION FLOAT: The period between the time is deposited a check in an account and the time funds are made available
More terms such as Collection float in Dictionary C.
- Definition Certificates Of Amortized Revolving Debt (CARD):
- Examples Pass-through securities backed by credit card receivables collection float definition.
- Definition Commingling:
- Examples securities, this involves mixing customer-owned securities with brokerage firm-owned securities. This process is referred to as rehypothecation, which is the use of customers' collateral to collection float explain.
- Definition Cornering The Market:
- Examples Purchasing a security or commodity in such volume as to achieve control over its price. An illegal practice collection float what is.
- Definition Collection:
- Examples The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash collection float meaning.
- Definition Chasing The Market:
- Examples Purchasing a security at a higher price than expected because prices are rapidly climbing, or selling a security at a lower level when prices are quickly falling collection float abbreviation.