LEGAL SEPARATION
A court order of living apart, with the rights and obligations of divorced individuals, but without a legal decree. Both parties can live apart as unmarried persons but cannot remarry until they got divorced. A legally separated couple must still deal with the usual divorce-related issues such as alimony, child custody, child support, and property division. Individuals undergo this arrangement to save the marriage or to hold religious objections to divorce.
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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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04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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01:30 | Westpac Consumer Sentiment | Nov | |
01:50 | M2 Money Supply + CD | Oct | |
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08:00 | Prelim Machine Tool Orders | Oct | |
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09:00 | Harmonized CPI | Oct |