An agency may prescribe a mileage radius of not greater than 50 miles to determine whether an employee's travel is within or outside the limits of the employee's official duty station for determining entitlement to overtime pay for travel.
DEFINITION of 'Cash-Flow Financing'. A form of financing in which the loan is backed by a company's expected cash flows. This differs from an asset-backed loan, where the collateral for the loan is based on the company's assets. The schedules or repayments for cash-flow loans are based on the company's projected future cash flows.
Short-term financing is a method of raising funds involving financial obligations that need to be repaid within a year or less. It is a fast and flexible way for companies to obtain working capital for their daily operations when their cash flow is insufficient.hort-term finance can be a serious risk for the borrower. A short-term loan may be renewed by the lender on much less favorable terms than the original contract. Not only is the business faced with the high cost of the capital, it may not be able to service the accumulated debt.