Examlex
How does a bailment solely benefit the bailee?
Miller-Orr Model
A model used to manage cash balances by setting upper and lower limits on cash reserves, triggering transfers to optimize interest and liquidity.
Upper Limit
The maximum level or boundary allowed or possible, often used in the context of production, spending, or other types of limits.
Cash Concentration
A treasury management strategy where a company consolidates its cash balances into one account to optimize liquidity and manage its cash more efficiently.
Main Bank Account
The primary checking or savings account used by an individual or business for managing their daily financial transactions and cash flow.
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