|Spanish to English translations [PRO]|
Bus/Financial - Accounting / Accounting
|Spanish term or phrase: canje|
|cheques held by a bank and not yet presented at the clearinghouse (registered as an asset)|
|float as the colleague said|
float is the stage when checks have been received but not processed by the clearing house, after being process the floats are cleared by time frameworks 24, 48, 72, etc.
Selected response from:
Local time: 01:55
|Colleague said it first, but your explanation was clear and specific. Thank you very much.|
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