ADVANCE CORPORATION TAX - ACT
A corporate taxes' prepayment given by companies in the United Kingdom that segregates the payment to its shareholders. The tax was introduced in 1973 but later on abolished in 1993 by the former Prime Minister Gordon Brown; but a 10% tax relief on dividend income still remains.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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SEE FOREX TUTORIAL
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Do I Need to Move Out or Renovate My House?
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Emotional Attachments. You&rs ...
Renovate or Move?
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Fixed interest rates.
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