float
- noun
- /floʊt/
- Specialized
- Keeping track of the float helps me avoid overdrawing my account when payments are processed.
Examples
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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
Compounds
- Specialized
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
- Specialized
A device with a float that rests on collected rain to measure how much falls
- Specialized
A tool that measures rain using a float on the top of the collected water
- Specialized
A flat hand tool with a handle used to smooth wet wall material like plaster or cement
Surface Forms
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.