Ask Questions, Get Answers
2
Points
Asked by plafferty62 - 4 years ago
All Answers
Sort By
Show
babe2 Level 5
Answered 4 years ago
-
Money that a person or company has spent but that has not yet been taken out of one's bank account. A disbursement float occurs when a person or company writes a cheque when the cheque is deposited, it usually takes a few days for the payment to clear. The disbursement float may be thought of as the difference between what is in one's bank account and what the bank shows to be in the account as the result of an uncleared cheque
Related Questions
Need Answers Instantly?
About this Question
Open Question
- Compliments
1 Answer
557 Views
Question Discussion
Top Users this Week
rredrick Level 47 Grad School
+821
Exp
kelarsen Level 40 College
+765
Exp
Richard Level 78 PhD
+688
Exp
labarca Level 67 PhD
+668
Exp
joensf Level 81 Professor
+457
Exp
Additional Links