________ time is the period between the time a check is written and the time it is presented for final payment, during which time a customer can still use his or her funds.

Question

Quizplus · Accepted Answer

Float time refers to the interval between when a check is written and when it is cleared and settled by the banking system. During this period, the funds are still available in the payer's account for use.

________ Time Is the Period Between the Time a Check