ENDOWMENT FUND
Investment fund an institution sets up in which periodic withdrawals from the invested capital are used for continuous operations or other particular purposes. Frequently, churches, hospitals, universities, and nonprofits use the fund, funded by donations, that are tax-deductible for donors.
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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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04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
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08:00 | Prelim Machine Tool Orders | Oct | |
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