JKT
Indonesia’s first stock exchange that is primarily established in 1912 for the interest of Dutch East India Company. The exchange was shut during World Wars I and II. When reopened in 1952, Indonesian government bond was the sole exchanged security. It became idle from 1956-1972 and was reactivated in 1997. After its reactivation, trading activity continued to be slow with only 24 companies listed in the exchange. In 2007, JKT merged with Surabaya Stock Exchange to create Indonesia Stock Exchange.
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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