Cost saving centre: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand for clarity.) |
imported>Doug Williamson (Link with Hedging page.) |
||
| Line 6: | Line 6: | ||
==See also== | ==See also== | ||
*[[Cost centre]] | *[[Cost centre]] | ||
*[[Hedging]] | |||
*[[Profit centre]] | *[[Profit centre]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 21:29, 4 March 2015
Treasury cost saving centres are a more risk-tolerant variant on a pure cost centre.
A cost saving centre is a treasury which - like a cost centre treasury - 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.
