TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BANK FLOAT [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2008-03-05

English

Subject field(s)
  • Banking
DEF

In banking, cheques and other items in transit.

OBS

In the time between the cheques being credited to accounts at the negotiating branches and being debited to accounts at the paying branches, the cheques are said to be in transit or float somewhere in the bank system - hence bank float. And it is bank debit float because the float is eliminated when debits are made to the accounts drawn upon.

French

Domaine(s)
  • Banque
DEF

Montant des chèques ou effets qui ont été déposés dans une banque et que celle-ci est en voie de recouvrer des banques sur lesquelles ils ont été tirés.

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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