target cash balance Meaning in Cambridge Business English Dictionary
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Meaning of "target cash balance" - Business English Dictionary

target cash balance

noun [U]
 
 
FINANCE
the total amount that a company aims to have in its bank accounts at a particular time so that it has enough money available for its needs, but not too much, as this extra amount could be used for other purposes: The firm's executive team must determine the appropriate target cash balance.
(Definition of target cash balance from the Cambridge Business English Dictionary © Cambridge University Press)
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