Examlex
Members of the general public can directly trade stocks in the over-the-counter market.
Miller-Orr Model
A financial model used to manage cash flow and determine the optimal level of cash reserves for a firm.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and slippage.
Collection Float
The time period between when a payment is initiated by a debtor and when the funds are actually available to the creditor.
Transaction Motive
Refers to the need to hold cash for the purpose of conducting daily business transactions and operations.
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