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Glossary > C > "Collection float" Definition

Collection float

The negative float that is created between the time when you deposit a check in your account and the time when funds are made available.

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Collection float - The negative float that is created between the time when you deposit a check in your account and the time when funds are made available.

Collection float : the negative float that is created between the time when you deposit a check in your account and the time when funds are made available.