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Direct send

• A collection procedure in which the payee presents payment checks directly to the banks on which they are drawn, thus reducing clearing float.

 
 Embedded terms in definition
 Clearing float
Clearing
Float
 
 Related Terms
 Direct estimate method
Direct lease
Direct paper
Direct placement
Direct purchase stock
Direct quote
Direct search market
Direct stock purchase programs
Foreign direct investment

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Helping Disabled or Elderly Relatives With Money Management, Even From Far Away: Millions of people serve as financial caregivers for ill or elderly spouses, parents, children or other loved ones. They perform services that include paying bills, handling deposits and investments, filing insurance claims and preparing taxes. Because this role can be costly and physically and emotionally exhausting, especially for a caregiver who lives far away or has the usual time-demands, FDIC Consumer News offers some suggestions. More...

Hell, there are no rules here--we're trying to accomplish something. Thomas Alva Edison

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