The disbursement float is the delay in transferring the means of payment from the payer (customer) to the payee (the provider of goods or services).

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The disbursement float refers to the delay between the time a check is written (or payment is initiated) by the payer and the time the funds are actually withdrawn from the payer's account. It is related to the payer's cash management rather than the transfer of payment means to the payee.

The Disbursement Float Is the Delay in Transferring the Means