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.