LATIN BASEBALL FUTURES
A financial contract that gambles on the potential of Latin young baseball players, who are being trained to secure a spot in Major League Baseball (MLB). It involves financing the training of teenage athletes. The proponents of the baseball futures aim to offer opportunities for economically disadvantaged young men and their families. Aside from constant training, they also provide food, housing, and clothing. If a player signed to an MLB team, investors gain profit from a percentage of the player’s signing bonus.
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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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