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:
“Brigitta: The women look so beautiful.
Kurt: I think they look lovely.
Louisa: You just say that because you’re scared of them.
Kurt: Silly. Only grown-up men are scared of women.”
—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)