Meaning PAYMENT FLOAT: Company-written checks that have not yet cleared
More terms such as Payment float in Dictionary P.
- Definition Perpetual Bond:
- Examples Nonredeemable bond with no maturity date that pays regular interest rates indefinitely payment float definition.
- Definition President:
- Examples Highest-ranking officer in a corporation after the chief executive officer payment float explain.
- Definition Plug:
- Examples A variable that handles financial slack in the financial plan payment float what is.
- Definition Position Trader:
- Examples A commodities trader who takes a long-term approach in maintaining positions in the market and does not close out of these positions until close to the delivery date payment float meaning.
- Definition Present Value Factor:
- Examples Factor used to calculate an estimate of the present value of an amount to be received in a future period. If the opportunity cost of funds is 10% over next year, the factor is [1/(1 + 0.10 payment float abbreviation.
