Cash Management
/ˈkæʃ ˈmænɪdʒmənt/
Definitions
- (n.) The process of collecting, managing, and investing cash flows to meet an organization's financial obligations efficiently.
Effective cash management ensures the company can pay its creditors on time.
- (n.) A legal framework or agreement governing the handling and control of cash resources, often in banking or corporate finance contexts.
The cash management agreement outlines the rights and responsibilities of the parties regarding fund transfers.
Forms
- cash management
Related terms
See also
Commentary
In legal documents, clearly define cash management functions to delineate duties and limit liability, especially in fiduciary or agency relationships.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.