This is convenient for buyers because they don't have to enter a credit card online or worry about fraud, but a hassle for businesses that often need to float cash for merchandise that hasn't been paid for yet or deal with incomplete deliveries.
Texas is not floating in cash, but the doom and gloom offered by some of the state's top budget writers might be overstating the trouble ahead.
But the basis of his own fortune, said to be $40 billion, and the money he has made for his shareholders is "float"—cash churned out by some of the operating businesses to finance these investments.
Either one of these would lead to payouts - probably in the form of free shares if the company floats, or cash if it is taken over by a rival insurer or high street bank.
Whatever the state of the global economy, there's always a ton of discretionary cash floating around looking for someplace to land.
But there is plenty of cash floating around the UK financial system, courtesy of the Bank's own quantitative easing and funding-for-lending programmes.
The ratio set when the programme started means that people in the three northern provinces, who now account for about 15% of Iraq's population, get about 20% of the money".There is simply more cash floating around," says George Somerwill, spokesman for the UN's humanitarian office in Iraq.
With equity valuations high and a certain amount of cash floating around after multimillion-pound payouts by the likes of Vodafone, private equity owners see a chance to offload debt-laden retail businesses, which they have been sitting on for years, before a potential interest rate rise increases their costs.
That may or may not indicate loose cash floating about on the high seas but Arison has some flotsam: he's ranked No. 67 on the Forbes World's Richest People list.
