What is the term used for delays in delivering checks from the writer of the check to the recipient's bank?

Question

Quizplus · Accepted Answer

The term used for delays in delivering checks from the writer of the check to the recipient's bank is processing float. This refers to the time it takes for the check to be processed and cleared by both the writer's bank and the recipient's bank. The availability float refers to the time it takes for the recipient to have access to the funds, while overdrafting and reconciling are not related to delays in delivering checks.

What Is the Term Used for Delays in Delivering Checks