concentration services meaning

[Finance]
Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made.

Examples

  1. ;Cash concentration services : Large or national chain retailers often are in areas where their primary bank does not have branches.

Related Words

  1. concentration camps meaning
  2. concentration cell meaning
  3. concentration gradient meaning
  4. concentration ratio meaning
  5. concentration ratio, n-firm meaning
  6. concentrations meaning
  7. concentrative meaning
  8. concentrativeness meaning
  9. concentrator meaning
  10. concentrators meaning
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