The Federal Reserve's policies on immediate credit and deferred availability often have little to do with the actual policies at your local bank. Some banks make funds immediately available on any checks deposited by their customers, some place limits on the amount available, while still others hold all checks over a certain amount. Consumers should be wary of banks that routinely hold checks even when there is no history of bounced checks. This is often a bad sign, in that a bank may be trying to earn a little extra interest off their customers' money.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… … Wikipedia
CRÉDIT — Le mot crédit est en usage dans des domaines très divers: commerce, comptabilité, banque, législations financière, fiscale et pénale, droit des affaires, sciences morales, politiques et économiques. Toutes les acceptions, cependant, restent… … Encyclopédie Universelle
credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan … Law dictionary
Crédit d'impôt recherche — Le crédit d impôt recherche (CIR) est, dans le système fiscal national français, un dispositif de réduction d impôt et de subvention visant à soutenir les investissements des entreprises (dont celles non soumises à l impôt comme les JEI)… … Wikipédia en Français
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
Credit unions in the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit … Wikipedia
Credit card fraud — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
credit — creditless, adj. /kred it/, n. 1. commendation or honor given for some action, quality, etc.: Give credit where it is due. 2. a source of pride or honor: You are a credit to your school. 3. the ascription or acknowledgment of something as due or… … Universalium
Crédit Mobilier scandal — (1872–73) Illegal manipulation of construction contracts for the Union Pacific Railroad that became a symbol of corruption after the American Civil War. The railroad s major stockholders created Crédit Mobilier of America to divert its… … Universalium
immediate payment — noun prompt payment for goods or services in currency or by check • Syn: ↑cash • Ant: ↑credit (for: ↑cash) • Hypernyms: ↑payment … Useful english dictionary