Synchronization of cash flows
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Synchronization of cash flows is a phenomenon that occurs when firms are able to time cash receipts to coincide with cash requirements.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Synchronization of cash flows. Occurs when firms are able to time cash receipts to coincide with cash requirements.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
