THOMAS ROWE PRICE JR.
Founder of T. Rowe Price Associates, Inc., Baltimore-based investment management firm established in 1937. Considered the father of growth investing, he became popular for developing growth-style investing style. He was also a firm believer of acquiring well-managed companies that pay dividends, which were expected to escalate at a higher rate than inflation, as well as of portfolio diversification. In 1971, he sold his company to his own employees.
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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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