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Isto Posted 14 years ago
Vocabulary
what means "fortress account"
there are lots of offers about "fortress account" in Google like the phrase "You can grow your financial fortress account.", but what is the meaning (if there is some special one) and how it differentiate from other accounts (i.e. saving accounts)
Top answer
Hi I'm not an economist, but this my answer... When you look at a company account, you expect to see the capital being used to fund new endeavours However, in bad economic times, you may not see this. You may see that the company is building up its cash because it is worried that it may be needed to deal with a crisis It is building a "fortress" that will save it from the threats of the bad times Here is a link that I think uses that sense...
- Hi I'm not an economist, but this my answer...
- When you look at a company account, you expect to see the capital being used to fund new endeavours However, in bad economic times, you may not see this.
- You may see that the company is building up its cash because it is worried that it may be needed to deal with a crisis It is building a "fortress" that will save it from the threats of the bad times Here is a link that I think uses that sense...
- php/new_york_city/entry/fortress_balance_sheet / Dave
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1 Answers
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Hi
I'm not an economist, but this my answer...
When you look at a company account, you expect to see the capital being used to fund new endeavours
However, in bad economic times, you may not see this. You may see that the company is building up its cash because it is worried that it may be needed to deal with a crisis
It is building a "fortress" that will save i
I'm not an economist, but this my answer...
When you look at a company account, you expect to see the capital being used to fund new endeavours
However, in bad economic times, you may not see this. You may see that the company is building up its cash because it is worried that it may be needed to deal with a crisis
It is building a "fortress" that will save i
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