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Cash Concentration Account
A cash concentration account is a bank account used by companies to consolidate and manage their cash flows, usually involving the transfer of funds from multiple accounts into this single account.
Firm Benefits
Advantages or favorable factors resulting from the policies or practices of a particular company, including financial remuneration and non-monetary perks.
Liquidity
How effortlessly an asset can be turned into cash without altering its market price.
J. M. Keynes
An influential British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.
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