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

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The disbursement float refers to the delay between when a payment is initiated by the payor and when the funds are actually deducted from the payor's account. The delay in transferring the means of payment from the payor to the payee is known as the collection float.

The Disbursement Float Is the Delay in Transferring the Means