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Controlled disbursement |
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Controlled disbursementA service that provides for a single presentation of checks each day (typically in the early part of the day).Controlled disbursement Similar MatchesRemote disbursementRemote disbursementTechnique that involves writing checks drawn on banks in remote locations so as to maximize disbursement float. Disbursement floatDisbursement floatA decrease in book cash but no immediate change in bank cash, generated by checks written by the firm. |
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