Daylight Overdraft

Definition:

A negative balance created in an account when payments made during business hours exceed incoming funds actually received. The term also refers to an overdraft in a bank's reserve account at the Federal Reserve during business hours.

Related terms:

Operating Expenses and Equipment

Fiduciary

Useful articles:

»	Top Ten Lessons Learned in Internet Business
»	Competing Internally
»	Third Party Credit Card Processing Vs. Having Your Own Merchant Account
»	19 Ultimate Success Tips for your Online Business

Holiday spending

Plan your savings for next holiday season, use receipts to figure out how much you spent last year

Net Worth

This calculator will help you to determine your assets and liablilities and your Net Worth

Lease

This calculator is designed to help you work out monthly lease repayments

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Negotiation

If You Need to Put Negotiating Pressure on the Other Side, Try Good Guy/ Bad Guy

Good Guy/Bad Guy is one of the best known negotiating gambits. Charles Dickens first wrote about it in his book Great Expectations. In the opening scene of the story, the young hero Pip is in the g... [ more... ]

Marketing

Qualifying Buying Power

Buying power. We all have it. Love to use it. It’s what credit cards, ATMs, and now the internet has created. We love that rush of decision-making power—"Yes!" People love to ... [ more... ]

Management

Work/ Life Balance

“65% of people over 40 believe they’re in the wrong job and feel trapped.” London School of Economics.

More than ever people are trying to balance having a care... [ more... ]

Term: Banking -> Daylight Overdraft