SELF-LIQUIDATING LOAN
Self-Liquidating Loan is a kind of credit that is short-term or intermediate term. Self-Liquidating Loans are paid through the generated income from the asset purchased using the loan. The purpose of self-liquidating loans have the main purpose of financing purchases that have an immediate income generation. The maturity and schedule of payment for self-liquidating loans are made with the intention of coinciding with the profit generation timing of the asset.
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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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