Black Tuesday and Zero balancing: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Linked to The Treasurers Handbook - Legal implications of cash pooling structures)
 
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''Wall Street Crash.''
A method of cash concentration whereby funds are moved between a group of accounts leaving all but one (the main account) with a zero balance.


Black Tuesday was 29 October 1929, the single day most usually associated with the Wall Street Crash.


== See also ==
* [[Cash concentration]]
* [[Legal implications of cash pooling structures]]


==See also==
[[Category:Cash_management]]
*[[Great Depression]]
*[[Wall Street Crash]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 11:07, 1 December 2014

A method of cash concentration whereby funds are moved between a group of accounts leaving all but one (the main account) with a zero balance.


See also