uncollected funds. A credit, such as an increase in the balance of a checking or other deposit account in a bank, given on the basis of a check or other right to payment that has not yet been received from the drawee or other payor. [Cases: Banks and Banking 122, 133, 137. C.J.S. Banks and […]
uncollected funds 未收款项；在途款项；未收资金 银行尚未收账的以支票或其他存款账户余额的增加所构成的银行存款部分，实为以支票或其他权利为基础的应付款项尚未被出票人或其他付款人清偿而形成的债权。
delayed funds availability. A hold that a bank places on uncollected funds that are represented by a deposited check. — Abbr. DFA.
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float, n. 1. The sum of money represented by outstanding or uncollected checks. “ ‘Float’ refers to the artificial balance created due to delays in processing credits and debits to an account.” In re Cannon, 277 F.3d 838, 843 (6th Cir. 2002). 2. The delay between a transaction and the withdrawal of funds to cover