Term
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Definition
| account at a concentration bank that uses a daily sweep to maintain a zero dollar balance--all accounts are at a zero balance expecte the concentration account |
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Term
| working capital management |
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Definition
| Management of the current assets and current liabilities of the organization |
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Term
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Definition
| Organziation's current assets and current liabilities |
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Term
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Definition
| loans that do not have any collateral |
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Term
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Definition
| a debt security issued by the us government with a maturity of three months to one year |
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Term
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Definition
| accounts payable. These are generally interest free for a period of time |
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Term
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Definition
| repo. Short-term investment collateralized by securities. |
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Term
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Definition
| written document representing a loan |
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Term
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Definition
| current assets less current liabilities |
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Term
| negotiable certificate of deposit |
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Definition
| certificate of deposit that can be transferred from one party to another |
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Term
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Definition
| the market for short term marketable securities or the market for short-term debt instruments |
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Term
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Definition
| approach that calls for the arrival of inventory just as it is needed, resulting in zero inventory levels |
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Term
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Definition
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Term
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Definition
| EOQ, approach to determine the balance between ordering costs and carrying costs |
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Term
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Definition
| Securities whose value is derived from the value of something else. |
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Term
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Definition
| those obligations that are expected to be paid within one year |
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Term
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Definition
| resources the organization has that either are cash or can be converted to cash with one yer or that will be used up within one year (short term assets/near term assets) |
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Term
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Definition
| form of short-term borrowing in which the borrower issues a financial security that can be traded by the lender to someone else |
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Term
| certificate of deposit (CD) |
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Definition
| Bank deposit with a fixed maturity term |
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Term
| carrying costs of inventory |
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Definition
| capital costs and out-of-pocket costs related to holding inventory. Capital cost represents the lost interest because money is tied up in inventory. Out of pocket costs include such expenses as insurance on the value of inventory, annual inspections, and obsolescence of inventory. |
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Term
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Definition
| operating expense related to services provided to customers who ultimately do not pay, though they are expected to. |
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Term
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Definition
| accounting system that matches revenues and related epxenses in the same fiscal year by recording revenues in the year in which they become earned, whether received or not and the expenses related to generating those revenues in the same year. |
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