Net float

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Net float

Net Float

The total amount of float in a bank account. It is calculated by subtracting the disbursement float money spent but not yet taken out of the account from the collection float money deposited but not yet cleared. The net float, when added to or subtracted from the previous balance, shows how much money is in the bank account. The net float is important when an account holder deal primarily in checks, and, thus, transactions take longer to process; it is less important when an account deals primarily in direct deposits and debit cards. See also: Check hold.
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Mason's grandfather found the glass net floats up the coast near Fort Bragg in the 1940s.
Squash and bottle gourds had a variety of uses 4,000 years ago, including being used as dishes, net floats and symbolic containers.
And he only had two net floats for buoyancy as he fought to survive.
Starch from squash found on the teeth affirms that early people were eating the plants and not simply using them for nonfood purposes, such as for making containers or net floats.