Multibank platform and Quantity theory of money: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create page - source - ACT - https://www.treasurers.org/hub/treasurer-magazine/cash-management-rules-live-by)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
An online banking system that allows a business to manage multiple bank accounts from a single dashboard.
''Economics''. 
A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.  


It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.


:<span style="color:#4B0082">'''''Tool for more effective cash management'''''</span>
Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.
 
:"Multibank platforms are another tool that businesses can use to manage their cash more effectively...
 
:Multibank platforms provide businesses with real-time visibility into their cash positions, allowing them to make informed decisions about how to allocate their resources.
 
:These platforms also simplify the process of making payments and receiving funds, reducing the time and effort required to manage multiple bank accounts."
 
:''Cash management rules to live by - Annemarie Moore FCT - The Treasurer online - March 2023.''
 


== See also ==
== See also ==
*[[Bank]]
* [[Fisher's equation]]
*[[Bank account]]
* [[Bank agnostic services]]
*[[Cash management]]
*[[Multibank reporting]]
*[[Multibanked]]
*[[Platform]]


[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]
[[Category:Treasury_operations_infrastructure]]

Revision as of 14:20, 23 October 2012

Economics. A theory formalised by Irving Fisher, which links the level of prices with the amount of money in circulation.

It is defined as: P = MV/T, where P = price level, M = amount of money in circulation, V = velocity of circulation and T = volume of transactions.

Monetarists believe that it is the amount of money in circulation which has the biggest effect on price levels and inflation rates.

See also