CANADIAN ROYALTY TRUST - CANROY
A mineral, oil or gas company that is systematized as a trust instead of an old school style corporation. The Canadian Royalty Trust or CANROY does not manage the gas, mineral assets or oil hands on; operational procedures are manage by parties from the outside. Since they are made as a trust, CANROY originally were not deducted at the corporate rate. This gives CANROY the capability to save an added cash, which it used to pay a bigger than minimum dividend to its investors. The government of Canada altered its tax policy.
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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Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
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