MANAGEMENT BUY-IN Definition

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MANAGEMENT BUY-IN is the purchase of a company that is in trouble where the investors bring in new management for a turn-around.

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PETTY CASH, normally, is an account and location where tangible cash is stored for usage in purchasing or the reimbursing of inexpensive out-of-pocket expenditures.

CASH ON HAND literally means coin, currency, and cash items on hand. It is not possible to have negative cash on hand.

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