fail float

fail float

Funds available for short-term investing beyond the usual settlement date when securities are not delivered within five business days of a transaction. See also fail.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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