Examlex
Explain the concept of prison as a total institution.
Net Float
Net float is the difference between the amount of checks written by a company and the amount that has been cleared and charged to the company's account, affecting its available balance.
Collection
The process of obtaining payment on outstanding accounts or the grouping of specific items, as in art or stamps.
Disbursements Float
The time difference between when a payment is made by a firm and when the funds are actually withdrawn from the firm's bank account.
Preauthorized Payments
Automated payments set up to charge a bank account or credit card for recurring bills or subscriptions on a pre-set schedule.
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