Glossary

cash flow
This is the actual movement of cash into and out of a business. It does not include money owed, only money paid.
lack of liquidity
This exists when a business has insufficient liquid assets (cash or stock) to meet its immediate obligations.
liquidity
Accounting liquidity measures the ease with which a business can meet its financial obligations with the liquid assets available to them.
philanthropic
Charitable giving to human causes on a large scale. Philanthropy must be more than just a charitable donation; it is an effort undertaken by an individual or organisation based on an altruistic desire to improve human welfare. Wealthy individuals sometimes establish foundations to facilitate their philanthropic efforts.