MUMTALAKAT HOLDING COMPANY
A government-owned investment company for the Kingdom of Bahrain that was established in June 2006. The organization administers the sovereign fund for Bahrain. It has more than 35 commercial enterprises, which represents around BD 2.6 billion (or $6.8 billion) portfolio value as of 2013. Its fund’s deposits comes from surplus revenues from refining its oil and gas reserves in the country.
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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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