cash budget

cash budget definition - business

cash budget

An important planning tool that details projected cash receipts and payments in order to forecast cash balances. The cash budget permits management to become aware of potential cash shortages and take corrective measures.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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