Payment Float

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Payment float

Company-written checks that have not yet cleared.

Payment Float

A deposit into a bank account that has not yet cleared. For example, one may deposit a check for $1000 from an out-of-state bank. The funds may be posted to the account immediately, but they will not become available to the account holder until the issuing bank honors the check and transfers the funds to the receiving bank. This process can take as long as five business days. See also: Check Hold.

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No references found			This was due primarily to low interest revenue on payment float, and a higher than expected degree of volatility in consumer-paid payments, primarily from ITS clients acquired last August. Online Resources Posts Second Quarter 2008 Results by Business Wire We now face a headwind following the unexpectedly sharp decline in interest earnings on payment float. Online Resources Posts Fourth Quarter and Full Year 2007 Results by Business Wire			Pay-to-Play Pay-Up Pay/Collect Payable Payable a vue Payable Date Payable on Demand Payable through drafts Payable to Bearer Payable-on-Death Payables Payback payback period Payday Loan Paydown Paydown Factor Payee Payer Paygo Paying Agent payment Payment Adjustment Cap Payment Adjustment Interval payment cap Payment Date Payment Float Payment for Order Flow Payment In-Kind Payment Period Payment Problems Payment Protection Insurance Payment Shock Payment System Payment-In-Kind Payment-In-Kind Bond Payment-in-Kind Security Payments Netting Payments Pattern Payments System payoff Payoff diagram Payoff Month Payoff Profile Payout Period Payout Phase Payout Ratio Payroll Tax Pays accable par la dette Pays creancier Pays en developpement Payup			Payment Arrangement Broken Payment Authorization Payment Authorization Form payment beforehand Payment Board Credit Card payment bond Payment by Phone Service Payment by Results Payment by Results Payment by Results Payment by Results payment cap Payment Caps Payment card Payment card industry Payment Card Industry Data Security Standard Payment Card Industry Data Security Standards Payment Card Industry Security Standards Council Payment Circulation Payment Clearing Network Payment Daily News Digest Payment date Payment Dates Payment Discipline Payment Due Date Payment Error Prevention Program Payment Error Rate Measurement Payment Float Payment Floats payment for delay Payment for Environmental Services payment for expenses Payment for goods not received payment for misconduct payment for order flow payment for order flow payment for services Payment for services not received payment for the right of carriage Payment From Profits Into the Budget Payment gateway Payment Gateway Provider Payment History Payment in Advance Payment in Advance Payment in Advance Payment in Advance payment in due course payment in full Payment in kind Payment in kind Payment in kind Payment in kind Payment In Kind Bond Payment In Kind Bonds Payment In Kind Securities Payment In Kind Security payment in lieu

Financial Dictionary

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