Financial Dictionary

This dictionary contains:
24549
financial terms

In house processing float




In house processing float

The time it takes the receiver of a check to process a payment and deposit it in a bank for collection.

RELATED TERMS
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Receiver
A bankruptcy practitioner appointed by secured creditors to oversee the repayment of debts.

Check
A bill of exchange representing a draft on a bank from deposited funds that pays a certain sum of money to a certain person or party.

Payment
The amount required to repay a loan, including interest and fees.

Bank
A commercial institution licensed as a receiver of deposits. Banks are mainly concerned with making and receiving payments as well as supplying short-term loans to individuals.

Collection
The presentation of a negotiable instrument for payment, or the conversion of any accounts receivable into cash.



SIMILAR TERMS
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In hand
Used in the context of general equities for firm indicating control of a bid, offer, or order.

In house
A term used in banking which refers to settlement of payments between accounts both held at the same branch.



PREVIOUS AND NEXT TERMS
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In and out
The purchase and sale of a security within a short period of time, usually on the same day.

In and out trader
A day trader, or a speculator who buys and sells the same security on the same day.

In between
Used in the context of general equities. Priced higher than the bid price but lower than the offer price.

In hand
Used in the context of general equities for firm indicating control of a bid, offer, or order.

In house
A term used in banking which refers to settlement of payments between accounts both held at the same branch.

In house processing float

In line
Used in the context of general equities for an order or market in a specific security within the inside market or for any announcement (earnings) that adheres closely to Wall Street analysts' expectations.

In play
Often used in risk arbitrage. Company that has become the target of a takeover, and whose stock has now become a speculative issue.

In sight
A term describing deliverable grades of commodities underlying futures contracts that are held in approved delivery facilities near terminals, centralized locations or production areas.

In substance defeasance
Process through which debt is removed from the balance sheet but not canceled.

In the black
To have a surplus, an excess of income over expenditure.

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This dictionary contains 24549 terms.







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