MARKET ORDER
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an investment at the best current market price. It is the default option and is likely to be administered because it does not have restrictions on the buy and sell prices or the timeframe a market order can be entered. If the broker does not receive an additional instruction from the investor, it will automatically be placed as market order.
Sometimes referred to as unrestricted order.
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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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