cash positive
Definition
adjective
"...as the group's shares are already widely held, the listing will be via an introduction. It will also be accompanied by a deeply discounted £25m rights issue, leaving the company cash positive" [Sunday Times]
"...as the group's shares are already widely held, the listing will be via an introduction. It will also be accompanied by a deeply discounted £25m rights issue, leaving the company cash positive" [Sunday Times]