Define: Cash Float

How is Cash Float defined in a legal contract?

• Cash Float means the cash provided by a representative at the operational point for providing relevant services. Seen in 6 SEC filings.
• Cash Float means the cash provided by a representative at the operational point for the provision of specific services. Seen in 3 SEC filings.
• Cash Float means cash in hand used for reimbursing out-of-pocket business expenses and any cash balances maintained in a [organization]'s bank. Seen in 2 SEC filings.
• Cash Float means cash provided by a merchant at each operational point for the provision of certain payment system services. Seen in 2 SEC filings.
• Cash Float means all cash of a business held in [organization]'s bank accounts as at a specific date that is associated with the business. Seen in 2 SEC filings.
• Cash Float means cash that is provided and maintained by a sub-agent at the operational point for the provision of the relevant sub-agent services. Seen in 1 SEC filing.
• Cash Float means any cash balances held for the purpose of reimbursing out-of-pocket business expenses. Seen in 1 SEC filing.
• Cash Float means a specific amount of cash on hand to be used to provide change for a service or product. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of cash float' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Cash Float means cash provided and maintained at an operational point for delivering specific services.

Relevant Contract Types

• Agency Agreements
• Franchise Agreements
• Supply of Services Agreements

Relevant Circumstances

• Establishing terms for retail locations
• Arranging for service provisions
• Details of money management practices

Relevant Sectors

• Retail
• Hospitality
• Health Care

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Genie Definition 2

• Cash Float means accessible cash reserved for handling out-of-pocket expenses or for providing change for a service or product.

Relevant Contract Types

• Employment Contracts
• Professional Services Contracts
• Sales Agreement Contracts

Relevant Circumstances

• Reimbursing business expenditures
• Small transactions handling
• Daily cash flow management

Relevant Sectors

• Finance
• Services
• Manufacturing

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