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float

float

3 8.4
The time between depositing a check and withdrawing the money
  • noun
  • /floʊt/
  • Specialized
translation icon : periodo de compensación
  • Keeping track of the float helps me avoid overdrawing my account when payments are processed.

Examples

  • When inflation fell, competent banks reoriented their activities away from maximizing their earnings on the "float" on unremunerated deposits, checks, and payments waiting to clear.

    Academic text (1996)
  • I use a small float to manage my cash flow each month, ensuring I can cover any unexpected expenses.

  • Look, I have a little float that I keep week to week for this kind of thing.

  • If you earn interest on the float and find benefit, why pay the balance off at all?

    Blog text (4)
  • A further way that banks have more money than you may think is by float.

    Blog text (3)
  • It's to make money on the float between premiums paid in and healthcare paid out.

    Blog text (3)
  • The bank's float for checks deposited will determine how soon I can access the funds.

Idioms

1 6.8

To move with light, graceful steps like a butterfly

Compounds

4 2.9

A cold drink of root beer with a scoop of ice cream

A cold drink with ice cream floating in soda

milk float
  • Archaic
1 3.5

A small vehicle with an open side that delivers milk to homes

Carling float
  • Specialized
9.9

An emergency raft on a ship for people to use if they must leave at sea

A position for floating face down in the water with arms stretched forward to rest and breathe

float-type rain gage
  • Specialized
7.9

A device with a float that rests on collected rain to measure how much falls

float-type rain gauge
  • Specialized
7.3

A tool that measures rain using a float on the top of the collected water

A way to float by lying face down in the water with arms stretched forward to glide

plasterer's float
  • Specialized
8.1

A flat hand tool with a handle used to smooth wet wall material like plaster or cement

Surface Forms

float singular
floats plural

Etymology

The bank float is the short time money 'floats' between accounts before it moves, and the name comes from the same idea of something staying in between or moving freely, from flotan 'to float'. That is why banks can use the float to earn interest.