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operating risk
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operating cash flow
op·er·at·ing cash flow


noun 
Definition:
 
earnings from operations: the amount of cash generated by the operation of a business before taxation, net of capital expenditures and fluctuations in working capital
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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