next day funds Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: next day funds
next day funds

funds available for withdrawal or transfer the next business day. This is the earliest date that checks cleared through a local clearinghouse association and most Automated Clearing House payments are available for use. Contrast with same day funds .

Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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