Target balancing: Difference between revisions
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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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* [[Target balance]] | * [[Target balance]] | ||
* [[Target concentration]] | * [[Target concentration]] | ||
Revision as of 15:57, 14 August 2013
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.
