STIX
In technical analysis, a short-term trading oscillator comparing the trading volume of advancing and declining stocks. It oscillates about the 50 level, with values above 50 indicate advancers outnumbered decliners, and values below 50 denote decliners outmatched advancers. Generally, its trading range is between 42 and 58. Levels below 42 signal extremely oversold conditions while levels above 58 imply overbought conditions.
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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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