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....
- 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...
- Research articles 2007-01-01
- Concerns over NAB float plan
- AUSTRALIA'S leading bank analyst is concerned that National Australia Bank is considering a partial float of its British banking operations to help fund a big UK acquisition later this year. AUSTRALIA'S leading bank analyst is concerned that National Australia Bank is considering a partial float of...
- News items 2010-01-20
- PlusNet float to break from US partner
- Internet service provider will raise [pounds sterling]10m in move PLUSNET, a Yorkshire rival to internet service providers AOL, BT and Wanadoo, is to float on AIM later this summer in a bid to raise its profile. Ros Snowdon Deputy City Editor The Sheffield-based company...
- Research articles 2004-06-10
- 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...
- Research articles 2006-03-02
- Foster's pledge on how float cash will be spent.
- Oct 01, 2003 (The Australian - ABIX via COMTEX) Foster's has promised investors that it will soon divulge its plans for the spending of its large cash reserves. Market rumours persist that the company is planning to launch a massive $A1bn share buyback...
- Research articles 2003-10-01
- Fannie trades cash, fee cut for float. (Federal National Mortgage Association)
- Fannie trades cash, fee cut for float Mortgage prepayments can be turned to the advantage of institutions selling loans to the Federal National Mortgage Association under the organization's "MBS Express" program. Under the new program, lenders commit themselves up front to ...
- Research articles 1992-01-01
- Israelis cash in on gaming float
- The world's largest online casino has unveiled plans to float on the stock market and cash in on the flurry of investor interest in internet gaming. 888 Holdings will follow the example of poker giant PartyGaming by listing its shares with a total value expected to be...
- Research articles 2005-09-02
- Cadbury Schweppes bosses are forced to mix a 7UP float; Fizzing: Bollywood star Mallika Sherawat helps promote 7UP
- Byline: Tamsin Brown THE credit crisis has forced Cadbury Schweppes to spin off its U.S.drinks business rather than sell it. Its decision to float the 7UP and Dr Pepper division on the New York StockExchange will be a blow to investors who had hoped the Dairy...
- Research articles 2007-10-11
- 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...
- 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...
- 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...
- 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....
- Research articles 2002-07-08
- Elite cash in on Tatts 5000 club.
- Jul 17, 2005 (Herald Sun - ABIX via COMTEX) It has been revealed that celebrities and associates of Tattersall's directors benefited from the gaming group's sharemarket float. Many people in prominent positions in Australian society gained 5,000 shares in the float, by virtue of...
- Research articles 2005-07-17
- Promina to press on with float.
- Mar 23, 2003 (The Age - ABIX via COMTEX) The $A2bn Promina float is expected to proceed despite the war in Iraq. A prospectus for the Australasian insurance and funds management group's float is expected to be lodged on 31 March 2003. Promina's cash-strapped...
- Research articles 2003-03-24
- Newmont eyes $500m cast-offs float.
- May 29, 2002 The Sydney Morning Herald ABIX via COMTEX -- US gold miner, Newmont Mining, is considering selling its unwanted Normandy Mining assets. At the same time, it could float some of its marginal mines in Australia and New Zealand NZ. The float,...
- Research articles 2002-05-29
- Carsales float will reduce founder's debt.
- Byline: Neil Chenoweth Aug 23, 2009 (The Australian Financial Review - ABIX via COMTEX) -- ANZ Bank took a mortgage on founder Walter Pisciotta's stake in Carsales.com during the 2008 global market crisis. Pisciotta will receive cash of $A64 million from...
- Research articles 2009-08-23
- MOWLEM ON LADDER TO RICHES WITH [pounds sterling]80M FLOAT
- STRATEGY reviews have taken a turn for the better at construction and facilities management group Mowlem. Getting out of non-core activities has hit profits in the past, but this year Mowlem will raise cash by floating off up to 49pc of its SGB scaffolding and ladders division....
- Research articles 1997-03-07
- Chip firm bosses set to cash in with float
- FORMER Edinburgh University physicists David Milne and Jim Reid will share a multimillion-pound windfall when the computer chip company they set up 20 years ago floats this year. Some believe Wolfson Microelectronics will fetch [pounds sterling]200m in the float, worth [pounds sterling]7m to Milne, [pounds sterling]5m to...
- Research articles 2003-09-09
- RAB aims to mine fund's rich seam with Pounds 100m float
- INFLUENTIAL listed hedge fund manager RAB Capital hopes to cash in on the boom in energy and minerals stocks with the Pounds 100 million float of one of its funds next month on London's junior market. RAB, founded and run by two of the...
- Research articles 2005-04-29
