Glossary

Glossary

Term Book Chapter Definition
Working Capital Management CFA Level 1 Exam Chapter 5: Corporate Finance The management of the company's current assets and current liabilities to ensure that the company has enough cash flow to continue its operations and that it has enough to satisfy both maturing short-term debt and upcoming operational expenses.
Working Capital Management Corporate Finance Chapter 7: Working Capital Management The process of managing a company’s current assets and liabilities to maintain liquidity, ensure smooth operations, optimize cash flow, and support long-term growth.