Profit centre: Difference between revisions
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imported>Doug Williamson (Increase linking and explain relationship with centralisation of authority.) |
imported>Doug Williamson (Clarify that it is treasury authority that is centralised in particular.) |
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Profit centre treasuries are normally associated with a high degree of centralisation of authority. | Profit centre treasuries are normally associated with a high degree of centralisation of treasury authority. | ||
Revision as of 10:16, 21 March 2016
Corporate treasury.
A treasury which may actively create market positions with a view to earning profits, as well as hedging.
Profit centre treasuries are normally associated with a high degree of centralisation of treasury authority.
