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Miller-Orr Model
A financial management model that helps firms to decide on the optimal level of cash balances under conditions of uncertainty.
Average Cash Balance
The mean amount of cash held by a company over a specific period of time.
Weighted Average Delay
The average time delayed, taking into account the importance or weight of each component being delayed.
Collection Delay
The amount of time it takes for a business to receive the payment after it has issued an invoice.
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