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Miller-Orr Model
A financial model that helps in managing cash balances by setting upper and lower limits on cash reserves.
Miller-Orr Model
A finance model that helps in managing cash flows and cash reserves in a business efficiently.
Cash Flows
The aggregate quantity of cash flowing both in and out of a corporation, impacting its liquid assets.
Target Balance
A predetermined amount of money that a company or individual aims to have in an account at any given time.
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