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| | A centralised facility for payments within a group. |
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| Financial risk in the Capital asset pricing model means the component of total risk resulting from a firm’s capital structure.
| | The payments factory undertakes execution, administration and reporting for payments. |
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| The more net debt in the capital structure, the greater the financial risk.
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| The term is also used more generally to mean the wider risk of uncertain financial outcomes.
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| For example the risks arising from not knowing the home currency value of a foreign currency receipt in the future, or the uncertainty regarding the size of future interest payments on floating rate borrowings.
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| == See also == | | == See also == |
| * [[Asset beta]] | | * [[Payment]] |
| * [[Business risk]] | | * [[Group]] |
| * [[Capital asset pricing model]] | | * [[ICM]] |
| * [[Equity risk]] | | * [[MCT]] |
| * [[Financial price risk]]
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| * [[Ungeared beta]]
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| ==Other links==
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| [http://www.treasurers.org/node/8443 Masterclass: Measuring financial risk, Will Spinney, The Treasurer]
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| [[Category:Business_and_Operational_Risk]]
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Revision as of 16:23, 22 November 2014
A centralised facility for payments within a group.
The payments factory undertakes execution, administration and reporting for payments.
See also
