Payment float

Payment float
Company-written checks that have not yet cleared.
Similar financial terms
Zero prepayment assumption
The assumption of payment of scheduled principal and interest with no payments.

Payment float
Company-written checks that have not yet cleared.
Payment-in-kind (PIK) bond
A bond that gives the issuer an option (during an initial period) either to make coupon payments in cash or in the form of additional bonds.

Difference between payment float and availability float.
net present value (NPV)
Present value of cash flows minus initial investment.

Payment float Company-written checks that have not yet cleared. Payments netting Reducing fund transfers between affiliates to only a netted amount.

Collection float is interest that may be lost to the depositor; payment float is interest that may be gained by the payer.

The difference between the availability float and a payment float is referred to as the net float.
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The date on which shareholders of record will be sent a check for the declared dividend.
Payment float
Company-written checks that have not yet cleared.
Payment-in-kind (PIK) bond ...

Floating-rate payer In an interest rate swap, the counterparty who pays a rate based on a reference rate, usually in exchange for a fixed-rate payment Floating-rate preferred Preferred stock paying dividends that vary with short-term interest rates.

See also: Banks, PIK, Expense, Pass-through securities, Payment-in-kind