cash management

Meanings

1. 1noununcountablefinancebusiness

   The process of tracking and controlling the money a business receives and pays out so that it can always cover its costs.

   Grammar: Uncountable: good cash management, not a cash management.

   Patterns

   • improve cash management
   • cash management of something

   Poor cash management almost forced the shop to close.

   The company hired an expert to improve its cash management.

   Careful cash management helped the cafe survive a slow winter.

2. 2noununcountablefinance

   Banking services that help clients handle payments, deposits and short-term investments efficiently.

   Grammar: Often used as an adjective: cash management services.

   Patterns

   • cash management services
   • cash management account

   The bank offers cash management services for small firms.

   She opened a cash management account to earn interest on her savings.

   Their cash management software shows balances in real time.

3. 3noununcountable

   A person's own habit of planning spending so that cash does not run out before income arrives.

   Grammar: Used informally for household money: personal cash management.

   Patterns

   • personal cash management

   Good cash management means putting aside rent money first.

   Students often struggle with personal cash management.

   He took a class on cash management for young adults.

Common combinations

effective cash management

Effective cash management keeps a business stable.

poor cash management

Poor cash management caused the shortage.

cash management system

The firm installed a new cash management system.

improve cash management

We need to improve cash management this year.

cash management skills

Cash management skills are essential for a manager.

Synonyms and how they differ

cash flow management

Cash flow management focuses on timing of money moving in and out, whereas cash management also covers holding and investing the money.

treasury management

Treasury management is a broader, more formal term used for large companies handling many financial tasks.

budgeting

Budgeting is planning how money will be spent, but cash management also watches actual money available day to day.

money management

Money management is a general everyday phrase and can cover savings and investments, while cash management concentrates on ready funds.

Word family

cash noun

money in notes and coins, or readily available funds

manage verb

to control or handle something

manager noun

a person who controls a department or business

cash flow noun

money moving into and out of a business

Commonly confused: cash management or cash flow?

Practice

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Write a sentence using “cash management”, then check it and compare it with the examples above.

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