Meaning DISBURSEMENT FLOAT: A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm
More terms such as Disbursement float in Dictionary D.
- Definition Day Loan:
- Examples A loan from a bank to a broker prior to the delivery of securities. Upon the delivery of the securities, a day loan becomes a regular broker call loan for which securities serve as collateral disbursement float definition.
- Definition Debt:
- Examples Money borrowed disbursement float explain.
- Definition Date Of Record:
- Examples Date on which holders of record in a firm's stock ledger are designated as the recipients of either dividends or stock rights disbursement float what is.
- Definition Depository Transfer Check (DTC):
- Examples Check made out directly by a local bank to a particular firm or person disbursement float meaning.
- Definition Drop-Dead Day:
- Examples The date on which a deadline is final, with no exceptions disbursement float abbreviation.
