DOMESTIC CORPORATION
Company conducting its business in its home country. Frequently taxed differently than foreign companies, such corporations may be required to pay duties or fees for importing its goods. A domestic corporation usually conduct business in other states or parts of the country where it has submitted its articles of incorporation. Opposite of foreign corporations.
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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01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
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09:00 | Harmonized CPI | Oct |