Concentration services
Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made. |
Similar financial terms
Four-firm concentration ratioThe sum of the portions of sales, value added, assets, or employees held by the largest four firms in an industry. A measure of competitiveness according to the structural theory
Concentration account
A single centralized account into which funds collected at regional locations (lockboxes) are transferred.
Short-term investment services
Services that assist firms in making short-term investments.
Non-financial services
Include such things as freight, insurance, passenger services, and travel.
Financial Services Authority (FSA)
The Financial Services Authority was created by the incoming UK Labor Government in 1997 as the regulatory body for the whole financial services industry. A number of separate regulatory bodies were brought together into the FSA. The FSA also took over the responsibilities that the Bank of England had for supervising banks and other financial institutions. The Chairman of the FSA is Howard Davies, an ex deputy governor of the Bank, and now a member of the Court of Directors. The Bank and the FSA ...
