Examlex
The process by which the ocean floor separates and moves in opposite directions is known as _______.
Collection Float
The time period between when a check is deposited into a bank account and the time the funds are available to the depositor.
Mailing Time
The duration it takes for correspondence to be delivered from the sender to the recipient.
Collection Float
The time period between when a check is deposited and when the funds become available in the recipient's account.
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.
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