Enterprise-wide resource planning system and Notional pooling: Difference between pages
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''Banking''. | |||
The technique used by banks for calculating interest on balances in a notional cash pool. | |||
Excess funds in the accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed. | |||
Notional pooling is also referred to as interest offset pooling. | |||
== See also == | == See also == | ||
* [[ | * [[Cash pool]] | ||
* [[CertICM]] | |||
* [[Cross-guarantees]] | |||
* [[Interest rate enhancement]] | |||
[[Category: | [[Category:Long_term_funding]] | ||
[[Category:Cash_management]] | |||
Revision as of 08:14, 29 November 2014
Banking.
The technique used by banks for calculating interest on balances in a notional cash pool.
Excess funds in the accounts of a company or its subsidiaries are used to offset deficits in other company accounts for the purpose of determining interest earned or owed.
Notional pooling is also referred to as interest offset pooling.
