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⍰ ASK What does the term "float" refer to in the context of EMIs?

In the realm of EMIs, the notion of "float" pertains to the capital retained by the establishment from the period a user commences a transaction until its finalization. This float signifies a transient reservation on the user's funds, augmenting the liquidity and operative capacities of the EMI. While offering adaptability, conscientious management of float is imperative to guarantee adherence to regulations, avert abuse, and sustain the confidence of users in the electronic currency framework.
 

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