Examlex
The ANC was started in 1912.
Miller-Orr Model
A financial model used to manage cash flows and determine optimal cash reserves for a company.
Monthly Disburses
This refers to the process of distributing or paying out funds at regular monthly intervals.
Cheque Delay
A situation where there is a postponement in the processing or clearance of a cheque by a bank.
Average Daily Float
This refers to the average amount of uncollected checks or electronic transfers in the process of clearing.
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