Cost saving centre: Difference between revisions
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imported>Doug Williamson (NEW ENTRY - Alignment with L4) |
imported>Doug Williamson (Expand wording for clarity.) |
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A treasury which still acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs. | Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre. | ||
A cost saving centre is a treasury which still acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs. | |||
Revision as of 16:41, 10 February 2015
Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.
A cost saving centre is a treasury which still acts primarily as a service function, but which is allowed a degree of discretion about when to hedge, with a view to reducing net costs.
