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Concentration account |
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Concentration accountA single centralized account into which funds collected at regional locations (lockboxes) are transferred.Concentration account Similar MatchesConcentrationConcentrationSee industrial concentration. Industrial concentrationIndustrial concentrationThe extent to which a small number of firms dominates an industry, often measured by the four-firm concentration ratio. Concentration is, in effect, the opposite of competition, though in an open economy imports complicate the relationship. Concentration servicesConcentration servicesMovement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made. Four-firm concentration ratioFour-firm concentration ratioThe percent of an industry's sales that accrue to the largest four firms, a measure of industrial concentration. |
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