Managed float
Also known as "dirty" float, this is a system of floating exchange rates with central bank intervention to reduce currency fluctuations. |
Similar financial terms
Inverse floatersBonds whose coupon rate moves in the opposite direction from the change in interest rates.
Floater
Floating rate bond
Payment float
Company-written checks that have not yet cleared.
Net float
Sum of disbursement float and collection float.
Mail float
Refers to the part of the collection and disbursement process where checks are trapped in the postal system.
Collection float
The negative float that is created between the time when you deposit a check in your account and the time when funds are made available.
Corporate processing float
The time that elapses between receipt of payment from a customer and the depositing of the customer's check in the firm's bank account; the time required to process customer payments.
