Disbursement Float

Business, Legal & Accounting Glossary

Definition: Disbursement Float


Disbursement Float


Full Definition of Disbursement Float


The delay in time between the disbursement of a check to its clearing through the bank system. The float is reflected as a reduction in the cash ledger, but remains as part of the balance in the companies checking account. In cash management, a company will try to increase the float by slowing disbursements.


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Definition Sources


Definitions for Disbursement 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.