CALL ON A CALL
A kind of compound option in which the investor has the capability to apply a call which is called an option, on the underlying asset. An investor who has a call on a call option has until the date of expiration to apply the compound option. If used, the investor will get the underlying call option, which will have a new exercise amount and a set expiration date. If the underlying option is used by the investor, he can get the underlying assets.
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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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