Definitions for "Available Funds"
Funds currently available for immediate use.
The value of funds, a customer has at his disposal to permit the entering of new orders.
Funds on deposit with a financial institution and available for withdrawal by the accountholder. Funds availability rules became widespread in the late 1980s/early 1990s when Congress enacted legislation (known as the Expedited Funds Availability Act) limiting the number of days financial institutions could “hold” funds from check deposits.
See free cash
Free cash reserves and unexpected balance for appropriation.