E. LINN DRAPER JR.
Former Chairman, Chief Executive Officer, and President of American Electric Power Company, Inc., an Ohio-based public utility holding firm. When energy deregulation took place, he became the firm’s leader and led a merger with another major public utility firm, Central & South West Corporation. During his tenure, he guaranteed investors of the firm’s strength in the light of the Enron scandal and kept the firm afloat in the 2001-2002 recession.
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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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SEE FOREX TUTORIAL
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Buying a Home: Obtaining a Homeowners Insurance
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How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
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Buying a Home: Finding the Best House
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An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
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