GROUND LEASE
Agreement, normally lasts for 10 years and above, in which a tenant or rented is permitted to develop a portion of the property during the lease term, after which the land all improvements are rendered to the property owner. It denotes the property owner will own the improvement unless a creation has been made. The tenant will also pay all relevant taxes incurred during the lease term. Also called land lease.
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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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Fixed interest rates.
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