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  5. Financial Slack

Financial Slack

Definition of 'Financial Slack'

Having cash (or near-cash) and/or spare debt capacity available to take up opportunities as they appear.

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Related Terms

BankruptcyCity of LondonFinancial SecuritiesAccepting HouseCancellation RightFinancial IntermediariesFinancial RiskFinancial Services AuthorityFSAInformation ContentOperatingOperating GearingProprietary TransactionsSIBSignallingSyndicated LoanTreasuryAbitrageAccountantAccountants Report

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