Check Clearance

  • 2 Posts
  • 1 Sections
  • 1 Types
August 31, 2024 4 min read Definitions
Float Time: A Financial Window
Finance Banking Economics Finance Banking Float-Time Check Clearance Accounting
Understanding the period between the issuance and clearance of checks, commonly referred to as Float Time, with historical context, examples, and key considerations.
Read more about Float Time: A Financial Window.
August 25, 2024 4 min read Definitions
Uncollected Funds: Understanding Bank Deposits
Banking Finance Uncollected Funds Bank Deposits Check Clearance Financial Terms Banking Procedures
Uncollected funds refer to the portion of a bank deposit made up of checks that have not yet been collected by the depository bank. Payment acknowledgment has not yet been received from the bank on which the check was drawn.
Read more about Uncollected Funds: Understanding Bank Deposits.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.