Examlex
Ibuprofen is classified as both an antipyretic and an anti-inflammatory agent.
Collections Float
Float created while funds from customers’ cheques are being deposited and cleared through the cheque collection process.
Disbursement Float
Float created before cheques written by a firm have cleared and been deducted from the firm’s account. Disbursement float causes the firm’s own cheque-book balance to be smaller than the balance on the bank’s records.
Net Float
The difference between a firm’s disbursement float and collections float.
Marketable Securities
Financial instruments and assets that can easily be sold or converted into cash, typically within a year.
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