LBP
Currency abbreviation for Lebanese pound, the official currency of Lebanon. The pound is composed of 100 qirsh or piastres and presented with the symbol __. Lira is the Arabic term of the Lebanese pound, and live in French. All notes and coins are printed and stamped in these languages. This was first seen on 1924 in coin form; a year after, the paper currency was released.
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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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