LABOR INTENSIVE
An industry by which industries and/or methods need a massive amount of workers to produce goods and services. It is usually determined to the amount of capital needed to produce goods or services; the higher the labor costs, the more labor intensive the business is. Agriculture, construction, coal-mining, and hospitality are some examples of labor intensive industries.
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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 ...
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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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