MAE and Multicurrency cross-border pooling: Difference between pages

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imported>Doug Williamson
(Create the page. Source: ACT CFF Reading 4.3.1 p14, Documentation 1 April 2014.)
 
imported>Doug Williamson
(Link with qualifications page)
 
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''Borrowings documentation''. 
A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.
 
Material Adverse Effect.




== See also ==
== See also ==
* [[Material adverse effect]]
* [[Cash concentration]]
* [[MAC]]
* [[Cash management]]
* [[Deficit]]
* [[Pooling]]
* [[CertITM]]

Revision as of 10:08, 29 November 2014

A cash management technique in which excess funds from companies’ accounts in different countries, which are denominated in different currencies, are concentrated and used to offset deficits for the purpose of determining interest earned or owed.


See also