FLOAT MANAGEMENT Definition

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FLOAT MANAGEMENT is to manage depository or checking accounts that do not have any returns associated with them, i.e. it is poor stewardship to leave too much money in checking accounts or other locations that do not maximize returns on that cash, i.e. do not or minimally earn interest income.

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SHEQEL (SHEKEL) is a currency of Israel.

LINE MANAGEMENT is the administration of the line functions of an organization; administration of activities contributing directly to the organizations output.

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