TED ENGLISH
Chief Executive Officer of Bob’s Discount Furniture since 2006, and former CEO of TJX. During his stay in TJX, he helped the Fortune 500 retailer increase its sales and profits, open over 900 new stores, and led the firm through many acquisitions. English’s success was noteworthy during the economic downturn in the United States during his tenure.
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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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