The Lehman Formula, also known as the Lehman Scale, is a formula to define the compensation a broker or adviser should receive when handling a large underwriting or stock brokerage transfer transaction for a client. The formula usually applies to the entire value of the stock being transferred.
Read more about Lehman Scale: Formula, History, Usage, Variants Due To Inflation
Famous quotes containing the words lehman and/or scale:
“Roger Thornhill: Tell me, how does a girl like you get to be a girl like you?
Eve Kendall: Lucky I guess.
Roger Thornhill: No, not lucky. Naughty, wicked, up to no good. Ever kill anyone? Because I bet you could tease a man to death without half trying. So stop trying.”
—Ernest Lehman (b.1920)
“The Humanity of men and women is inversely proportional to their Numbers. A Crowd is no more human than an Avalanche or a Whirlwind. A rabble of men and women stands lower in the scale of moral and intellectual being than a herd of Swine or of Jackals.”
—Aldous Huxley (1894–1963)