Meaning corporate processing float
What does corporate processing float mean? Here you find 3 meanings of the word corporate processing float. You can also add a definition of corporate processing float yourself
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corporate processing floatDefinition The time delay between the receipt of a payment by a company and its deposit into an account. The float component can range from one day to three depending on the processing procedures used [..]
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corporate processing floatTime gap between payment receipt from customers and check deposit in the bank account of the firm. Or customer payment processing time.
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corporate processing floatThe time that elapses between receipt of payment from a customer and the deposit of the customer's check in the firm's bank account; the time required to process customer payments.
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