Target balancing: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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A cash concentration technique whereby all account balances are physically transferred into a nominated account leaving a predetermined amount in the sub-accounts. | A cash concentration technique whereby all account balances are physically transferred into a nominated account leaving a predetermined amount in the sub-accounts. | ||
Also know as ''target concentration'' or ''sweeping.'' | |||
== See also == | == See also == | ||
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* [[Sweep account]] | * [[Sweep account]] | ||
* [[Target balance]] | * [[Target balance]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 12:18, 2 July 2022
A cash concentration technique whereby all account balances are physically transferred into a nominated account leaving a predetermined amount in the sub-accounts.
Also know as target concentration or sweeping.
