BA3/BB-
Bonds that are given the rating Ba3/BB- are often considered as speculative and they are not even considered as investment-grade bonds that are suited for people who are wishing to evade the risk of suffering from losing their principal investments. These bonds are generally taken as junk bonds, though this rating means that they belong to the more stable end of the rating and not as junk-bonds.
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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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