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Collection Float
The time period between when a check is deposited in a bank and when the funds are made available, reflecting the bank's processing time.
Mail Float
The time difference between when a check is written and when it is actually cleared and funds are deducted from the payer's account.
Availability Float
The time difference between when a check is deposited in a bank account and when the funds are made available.
Miller-Orr Model
A financial model used to manage cash balances by setting upper and lower limits on cash reserves, triggering buying or selling of securities when these thresholds are crossed.
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