CONDITIONALITY
Requirements placed on using or distributing money, most frequently associated with aid money, which is lent to another country. Countries or international organizations such as the International Monetary Fund and World Bank can impose conditionality when lending money to another nation. Conditions may range from provisions to reduce corruption to more controversial ones including improving human rights or reducing deficit spending. The country or organization may also require the receiving country that the funds must be used to finance a specific project.
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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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