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Conflict over issues in small groups can lead to better decisions or outcomes.
Disbursement Float
Float created before cheques written by a firm have cleared and been deducted from the firm’s account. Disbursement float causes the firm’s own cheque-book balance to be smaller than the balance on the bank’s records.
Net Float
The difference between a firm’s disbursement float and collections float.
Marketable Securities
Financial instruments and assets that can easily be sold or converted into cash, typically within a year.
Credit Rating
Evaluating the likelihood that a borrower can repay their debt, either in general or in relation to a specific financial commitment.
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