BUSINESS OWNER POLICY - BOP
Insurance policies which covers protection from property and liability insurances. This insurance package collates the basic coverages a business requires in one bundle. Usually sold at a premium, it is priced lower than the total cost of every coverage. It usually targets small and medium businesses and has business interruption insurance, which reimburses for up to a year of lost revenue due to insured property loss.
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 ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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Digesting Financial Statements: Earnings
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Student Loans: Consolidating Federal Loans
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