Processing Delay


Also found in: Dictionary, Thesaurus, Wikipedia.

Processing Delay

Time a selling firm takes to record receipt of a payment and deposit it.

Processing Delay

The time between the receipt of an order or payment and the appropriate response. Processing delay may involve the time between receiving a payment and depositing it in the bank or between a customer requesting a product and that product being shipped. The increase in electronic communication has greatly reduced processing delay for many transactions.
Mentioned in ?
References in periodicals archive ?
Instead, we are seeing bank processing delays that are pushing foreclosures into 2012 and maybe even 2013.
Foreclosure filings declined by another 9 percent last month, bringing foreclosure activity nationwide to a 40-month low as lender processing delays continue to back up the system, according to data from RealtyTrac released today.
GAO recommends that the USCIS Director ensure that available deployment information is collected from all applicants when they file the application; case files document that applicants were notified of processing delays and provided an estimated adjudication date; and case files document actions taken when a case is administratively closed or denied.
The panel, named the Commission on Freedom of Information Act Processing Delays, will be required to provide recommendations to Congress for legislative and administrative action to enhance agency responses to FOIA requests.
The public response to the new service had, however, resulted in some overloading of the system in some regions, resulting in access and processing delays.
Top Ten Preanalytic Threats to Accurate Results," presented by the Center for Phlebotomy Education, will discuss common reasons specimens fail to yield accurate test results, such as IV contamination, failure to mix specimens, under filling tubes, faulty centrifugation, processing delays, and more.
Bahrain applications are afforded the highest priority in the hub to ensure that processing delays do not develop.
The new form is expected to cut processing delays as applications could be pre- processed and prescreened before an applicant's interview.
Bush will not be freed on Monday as planned on account of paperwork processing delays, his brother said.
But FAI sources confirmed processing delays within the IFA rendered the player ineligible.
South Korea normally grants asylum to North Koreans who are able to make it to Thailand, but processing delays have caused a refugee backlog, resulting in strained ties between the two countries.
But it is the stuff going on behind the scenes which makes a real difference, especially as the new version zips along nicely without the previously sluggish processing delays.

Full browser ?