Speculative balance
Speculative balance is a balance with funds held by a firm in order to have cash for taking advantage of bargain purchases or growth opportunities.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Speculative balances. Funds held by a firm in order to have cash for taking advantage of bargain purchases or growth opportunities.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
