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