BNET Business Dictionary

Business Definition for: Cash Float

  • notes and coins held by a retailer for the purpose of supplying customers with change

Additional Resources

Fujitsu Unveils Cash-Recycling U-Scan Genesis Self-Checkout at FMI/Marketechnics 2008
New Feature Reduces Cash Management Labor and Cash Float; Improves ROI LAS VEGAS -- Fujitsu Transaction Solutions Inc. will unveil a U-Scan[R] Genesis self-checkout system that features MEI's Cashflow[R] Bank Note Recycler BNR at the Food Marketing Institute's FMI Show + Marketechnics 2008 in Las Vegas, May 4-7, 2008....
Tags: Fujitsu Ltd., Fujitsu Transaction Solutions Inc.
Research articles 2008-05-01
Credit Management and Cash Collections and Disbursements
Abstract Many purchases are still paid for by check. Checks create float, and float needs to be managed. Credit managers seek to speed up collections while also controlling the disbursements of their own firms. Credit managers need to understand electronic funds transfers and international cash management. While electronic funds transfers...
Tags: bank, Federal Reserve Board, payment, supplier
Research articles 2007-01-01
More bucks for their bang: $10m float bonus for Dyno executives.
Byline: Andrew Trounson Mar 02, 2006 (The Australian - ABIX via COMTEX) -- The senior management of explosives company, Dyno Nobel, will benefit from its sharemarket float. A bonus...
Tags: Macquarie Bank Ltd., Richard
Research articles 2006-03-02
GUS to cash in on Burberry turnaround with pounds 2bn float
GREAT UNIVERSAL Stores, the mail order giant, unveiled plans for a partial stock market flotation of its Burberry luxury goods brand yesterday, which could value the business at pounds 1bn-pounds 2bn. GUS will float up to 25 per cent of Burberry within the next 18 months. John...
Tags: Burberry Ltd.
Research articles 2000-12-01
Cassava to float 888.com
THE ONLINE casino 888.com is joining the ranks of companies seeking to cash in on the boom in internet poker and is exploring the possibility of a float on the stock market this year. Cassava Enterprises, the owner of 888.com, has hired Credit Suisse First Boston. It could have a...
Tags: Credit Suisse Group AG, PartyGaming Plc.
Research articles 2005-03-17
Macquarie reduces towers float to $310m.
Jul 04, 2002 The Sydney Morning Herald ABIX via COMTEX -- Macquarie Bank has reduced the size of the equity issue for its broadcast towers float from $A1bn to $A310m because of investor concerns. It will also inject more cash, up to one third of...
Tags: Macquarie Bank Ltd.
Research articles 2002-07-04
Macquarie Bank launches trimmed broadcast float.
Jul 08, 2002 (The Courier-Mail ABIX via COMTEX) -- Australia's Macquarie Bank has launched the $A310m float of its communications infrastructure business. The company is trying to lure investors to its new Macquarie Communications Infrastructure Fund by forecasting $A24m in cash returns in 2002-2003....
Tags: Macquarie Bank Ltd.
Research articles 2002-07-08
NASDAQ Set X-Dividend Date As June 27, 2007 For Cash Dividend Distributions, Pearl Asian Mining Announces
As of January 31, 2007 PAIM O/S Float Was 6,587,389,302; Float Not Expected to Exceed 9 Billion After June 27, 2007; SEC Votes To End Short-Selling 'Grandfather' Protections
Tags: Nasdaq Stock Market Inc.
Research articles 2007-06-14
AUSTRALIA'S MACQUARIE BANK LAUNCHES MCIG FLOAT.
SYDNEY, July 8 Asia Pulse - Macquarie Bank Ltd (ASX:MBL) today kicked off the scaled down, $A310 million ($US172.98 million) float of its communications infrastructure business, luring investors with $A24 million ($US13.39 million) in forecast cash returns in 2002/03. Investors in Macquarie Communications Infrastructure Group MCIG were also...
Tags: ABC Inc., asset, FINANCE, investor, revenue
Research articles 2002-07-08
Foster's looks to ALH float and $550m buyback.
Oct 12, 2003 (The Australian Financial Review - ABIX via COMTEX) The CEO of Foster's Group, Ted Kunkel, has said the company intends to buy back 125 million shares. This would be almost six per cent of its issued capital, and worth around $A550m at...
Tags: bondholder, divestment, Edinburgh, J.P. Morgan Chase & Co., MARKETING
Research articles 2003-10-12
Bookmaker Coral ready to gamble on pounds 800m float
Coral Eurobet is preparing to cash in on the stock market's febrile excitement for gambling stocks with an pounds 800m float that will bring all three of the country's biggest bookmakers into the public arena. Vaughn Ashdown, the chief executive, said a flotation would mark a new...
Tags: Rank Group Ltd., William Hill Plc.
Research articles 2005-08-01
San Miguel wants cash.
Byline: Ken McGregor Oct 06, 2006 (Food & Drink Business - ABIX via COMTEX) -- The Philippines-based San Miguel is considering a float of some of its Australian assets in June 2006. San Miguel's global operations have experienced falling profits and rising debt,...
Tags: National Foods Ltd.
Research articles 2006-10-06
Quality drowns in the rush to float.(Brief Article)
Mar 23, 2005 (The Australian Financial Review - ABIX via COMTEX) The number of floats to be launched on the Australian Stock Exchange in the 2004-05 financial year is expected to reach 200. There has been a flurry of listings so far in 2004-05, and...
Tags: Australian Stock Exchange Ltd.
Research articles 2005-03-23
Olympia float has cash-flow potential.
Jun 13, 2002 Minerals Gazette ABIX via COMTEX -- Olympia Resources wants to raise $A3 million through the issue of 15 million $A0.20 shares. One free attaching option is included with every two shares. The sponsoring broker, Reynolds & Company, is providing an oversubscription...
Tags: Australian Stock Exchange Ltd.
Research articles 2002-06-13
Sino Gold leads festive float rush.
Nov 21, 2002 (The West Australian - ABIX via COMTEX) Australian-based Sino Gold has closed its $A18m float heavily oversubscribed. The China-focused gold producer is expected to have a market capitalisation of more than $A100m when its lists, with an additional $A39m in cash...
Tags: Commonwealth Bank of Australia
Research articles 2002-11-21
The Revolution In Cash Management Services
Low interest rates and downsized finance departments have taken the thrill out of the old style, float-chasing cash management of past decades. The emphasis today is on low maintenance cash management services powered by outsourcing and automation. This article can help you simplify your search for the services that will...
Tags: Penton Media Inc., Service, Banking, Financial Accounting, Financial Services, Finance
White papers 1998-03-01
Working Capital Management
Working capital management involves the relationship between a firm's short-term assets and its short-term liabilities. The goal of working capital management is to ensure that a firm is able to continue its operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses. The...
Tags: Working Capital, Working Capital Management, Managerial Accounting, Finance
White papers 2003-01-01
Pioneering fund plans to use barter and cash.
Byline: Florence Chong May 03, 2006 (The Australian - ABIX via COMTEX) -- Australian barter exchange group BBX intends to launch a property investment fund using a combination of cash and barter currency. BBX plans to float the $A100m BBX Property Fund...
Tags: Australian Stock Exchange Ltd.
Research articles 2006-05-03
Forget The Float? The 2001 Working Capital Survey
In a tough operating environment, negative working capital isn't always a plus." Working capital efficiency can be a beautiful thing, as any finance executive familiar with the Working Capital as per the survey. The idea, of the survey is if you minimize your working capital — that is, the amount...
Tags: Working Capital, Survey, Managerial Accounting, Finance
White papers 2001-07-01
In a Cash Crunch?
Venture merchant banking isn't a new concept. Indeed, similar banks funded the voyages of Dutch ships in the 17th century. Today, venture merchant banks fund clients' trade activities such as importing and distribution. Unlike traditional merchant banks, they cater to small and midsize businesses, offering financing backed by assets, such...
Tags: Bank, Mansueto Ventures, Banking, Smb/Sme, Financial Services, Financial Accounting, Finance
White papers 2006-03-01