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Most operating systems support virtual memory, which allocates space on the hard disk to supplement the immediate, functional memory capacity of RAM.
Net Collection Float
The difference between check deposits recorded in the book balance and the amount of checks that have actually been cleared or credited to the bank account.
Outstanding Cheques
Cheques issued by a company that have not been deposited or cashed by the recipient by the end of the accounting period.
Liquidity
The ease with which an asset can be converted into cash without significantly affecting its price, reflecting the ability of a company or individual to meet immediate and short-term obligations.
Precautionary Motive
The desire to hold cash or other liquid assets to meet unexpected needs and financial emergencies.
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