Cash management
Cash management is concerned with the meaning of :
(i) Cash flows into and out of the firm.
(ii)Cash flows within the firm and
(iii)Cash balances held by the firm at a point of time by financing deficit or investing surplus cash.
According to Van Horne,” Cash management involves the efficient collection, disbursement and temporary investment of cash”
According to Schall and Haley,” The term cash management refers to the general problem of managing firm’s cash balance, cash flows and short term investments securities.”
Category: Banking & Finance
Previous: ← Cash
Next: Transaction motive →
More from this Section
- Pay-by-Phone Systems
Pay-by-phone systems lets the user telephone his/her financial institution with instructions ... - Multiple-unit pricing
Multiple-unit pricing is a practice where a company offers consumers a lower than unit ... - Consumer durable expenditure
Consumer durable expenditure is the spending by consumers on durable items such as automobiles ... - Products-completed operations hazard
Products-completed operations hazard is a liability loss that occur away from the premises ... - National banks
National banks is the Federally chartered banks. ...