SHARE CAPITAL
Share Capital is also referred to as ‘equity financing’. are funds that may be composed of either or both of common and preferred shares. They are acquired from the issuance of shares in exchange for cash and other assets. A company’s share capital vary from time to time due to the selling of new shares. More sold shares means more share capital.
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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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