Average Daily Float

Business, Legal & Accounting Glossary

Definition: Average Daily Float

Average Daily Float

Full Definition of Average Daily Float

1. Investing: The average number of shares of stock in a company that are available for trading on a given day. Average daily float is a measure of a stock’s liquidity. Stock in a closely held company will have a low average daily float and low liquidity. 2. Banking: The total value of checks that are in the process of collection during a certain period divided by the number of days in the period.

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Modern Language Association (MLA):
Average Daily Float. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/average-daily-float/.
Chicago Manual of Style (CMS):
Average Daily Float. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/average-daily-float/ (accessed: December 03, 2021).
American Psychological Association (APA):
Average Daily Float. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/average-daily-float/

Definition Sources

Definitions for Average Daily Float are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.