A cash management technique that takes advantage of bank float. As check clearing takes about two to five days, the funds to be used to pay for the check disbursement earn interest for the meantime. In this way, firms can maximize the use of their available cash.
Related information about delayed disbursement:
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A cash management technique that involves a company paying vendors and/or other creditors by checks drawn on banks located in remote areas. Commercial ...
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Delayed Disbursement Practice in cash management whereby firms pay vendors and other corporations by disbursing the payments from a bank in a remote ...
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Sep 6, 2011 ... LCC hopes its new delayed disbursement plan will be especially effective at cutting down on the number of “Pell runners” at the college.
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Definition of delayed disbursement: A cash management technique that takes advantage of bank float. As check clearing takes about two to five days, the funds ...
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Re: Sunset on 30-day delayed disbursement/multiple disbursements HEA 428G( a)(3) and (b) (1) Dear Congressman (last name): or Dear Senator (last name): ...
- Delayed Disbursement Law & Legal Definition
Delayed disbursement is a cash management technique of delaying payment of a debt by paying with a check drawn on a payor bank located a long distance ...
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Delayed Disbursement Timeline for 12FA and 13SP. 12FA First day of Fall Classes (16 week term) – August 20, 2012. Bookstore charging period – August 20, ...
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February 7, 2013. Second Disbursement. March 11, 2013. *All first time loan borrowers are subject to a 30 day delayed disbursement of loan funds ...