Collection Float

Business / Finance / Collection Float: The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash.

Other Words for Collection

Collection Noun Synonyms: accumulation, hoard, store, assemblage, omnium gatherum, anthology, chrestomathy
Collection Adjective Synonyms: collecting, gathering, solicitation, garnering, gleaning, accumulation, amassment, aggregation, whip-round
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Other Words for Float

Float Noun Synonyms: (parade) exhibit or display
Float Adjective Synonyms: hover, poise, bob, waft, be suspended, hang, sail, drift, glide, swim
Float Verb Synonyms: launch, establish, set up, organize, found, initiate, get going or moving
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Net Float

Business / Finance / Net Float: Sum of disbursement float and collection float. MORE

Floating-Rate Payer

Business / Finance / Floating-Rate Payer: Note whose interest payment varies with short-term interest rates. MORE

Floating-Rate Preferred

Business / Finance / Floating-Rate Preferred: In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment. MORE

Floatplane

Technology / Aviation / Floatplane: A water-based aircraft with one or more mounted pontoons, as differentiated from a hulled SEAPLANE [Flying Boat], but often used generically. MORE

Free Float

Business / Finance / Free Float: Securities industry procedure whereby delivery of securities sold is made to the buying customer's bank without requiring immediate payment; thus a credit agreement of sorts. Antithesis of delivery vs MORE

Floating-Rate Note (FRN)

Business / Finance / Floating-Rate Note (FRN): An guaranteed investment instrument whose interest payment is tied to some variable (floating) interest rate benchmark, such as a specific-maturity Treasury yield. MORE

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