See Also: Bank collection float(finance)
Bank collection float(money)
Collection float(money)
Collection float(finance)
Export-Import Bank of the United States (Ex-Im Bank)(encyclopedia)
float(2)(dictionary)
Float(medicine)
Net float(money)
float(1)(dictionary)
Float(money)

Stonehenge (iou) and Bank collection float (finance)


Stonehenge (iou)



Stonehenge noun. LOE.
[from STONE noun + 2nd elem. prob. derived from HANG verb. Cf. HENGE noun1.]
A large megalithic monument on Salisbury Plain in Wiltshire, England, including several concentric stone circles of various ages; a similar structure elsewhere.

Bank collection float (finance)


The time that elapses between when a check is deposited into a bank account and when the funds are available to the depositor, during which period the bank is collecting payment from the payer's bank.