PAUL KRUGMAN
Paul Krugman is an American economist and writer, famous for his work in the international economics. He studied at MIT where he received his Ph.D, and then became an Economics and International Affairs’ professor at Princeton University’s Woodrow Wilson School of Public and International Affairs. In 2008, he received the Nobel Memorial Prize in Economics for his work on the New Trade Theory and New Economic Geography.
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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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