clearing float
clearing float
Finance dictionary of financial terms
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Economics and finance
Definition of clearing float
clearing float: The delay between deposit of a payment and when spendable funds become available to the firm. This refers to the time it takes for a cheque to clear.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
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Definition and meaning of clearing float
Meaning of clearing float
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